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Cryptocurrency Q&A How do I choose between logit and probit?

How do I choose between logit and probit?

CharmedSun CharmedSun Sat Oct 12 2024 | 7 answers 869
I'm trying to decide whether to use logit or probit for my statistical analysis. I'm not sure which one is more suitable for my data and the type of outcomes I'm predicting. Could someone explain the difference and help me make a choice? How do I choose between logit and probit?
logit probit choice

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