Probit ("probability unit") regression is a classical machine learning technique that can be used for binary classification -- predicting an outcome that can only be one of two discrete values. For ...

The search for objective analysis in the cause of making informed investment decisions is the Holy Grail of finance. Unfortunately, narrative risk continually threatens to derail us on our crucial ...

Probit regression is very similar to logistic regression and the two techniques typically give similar results. Probit regression tends to be used most often with finance and economics data, but both ...