Usually, the argument is that it doesn't make a difference. Fine. But sometimes it does. Then what? And how different do estimates need to be in order to even think about this....
Saturday, July 25, 2015
Should We Just Stop Teaching Probit/Logit Models?
Instead of teaching these models and then teaching students to just use linear models (see Mostly Harmless), could we just skip teaching them? Read this.
Usually, the argument is that it doesn't make a difference. Fine. But sometimes it does. Then what? And how different do estimates need to be in order to even think about this....
Usually, the argument is that it doesn't make a difference. Fine. But sometimes it does. Then what? And how different do estimates need to be in order to even think about this....
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