## Difference between Logit and Probit

This tutorial explains the difference between logit and probit in statistics with formulas and examples. Formula and Example for Logit We can start with the following formula. Thus, \( \beta_0+\beta_1x_1+…+\beta_nx_n \) can be from \( -\infty \) to \(+\infty \), and \( p(y=1) \) will be always within the range of \( (0,1) \). We … Read more