Cryptocurrency Q&A Why do we use probit analysis?

Why do we use probit analysis?

KpopStarletShineBrightnessStarlight KpopStarletShineBrightnessStarlight Thu Oct 10 2024 | 6 answers 1157
We are exploring the reasons for utilizing probit analysis in statistical modeling. Specifically, we want to understand the advantages and appropriateness of this method in analyzing binary response data. Why do we use probit analysis?

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