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Questions tagged [shortcomings]

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Valentina Valentina Fri Oct 11 2024 | 6 answers 950

What are the shortcomings of the probit model?

I'm exploring the limitations of the probit model and would like to understand its shortcomings. Specifically, I'm interested in the model's assumptions, its ability to handle complex relationships, and any potential issues with interpretation or prediction accuracy.

What are the shortcomings of the probit model?

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