Probit and Logit Models

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Probit and Logit Models

Timestamps:
00:00 Probit and Logit Models
02:32 Linear probability model
10:04 Probit and logit models
19:13 Maximum likelihood estimation
29:22 Example
32:14 Coefficients
37:59 Predicted probabilities
44:01 Marginal effects
59:25 Pseudo R-squared
1:04:07 Percent correctly predicted

Econometrics Academy:
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it will be so ungrateful of me to watch this clear and awesome video without subscribing! Best teacher!

sunnyolamide
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At 57:58 in the video and on slide 23, the correct interpretation of the marginal effects is in percentage points instead of percent. For example, "5.1 percentage points more likely."

econometricsacademy
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You are the best at explaining econometrics!

katcod
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a wonderful introduction to Probit and Logit models that deserves a much larger audience! Thank you!

sreedatta
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would like to give "wow and a thumbs up"

dazdoozz