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Econometrics – Course Note – Marta Król Search Essays Sign up Sign in Contact us Tweet Index /Business Econometrics Use logitmodels whenever your dependent variable is binary (also called dummy) which takes values 0 or 1.Logit regression is a nonlinear regression model that forces the output (predicted values) to be either 0 or 1.Logitmodels estimate.
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37Dependent VariableDifferent ModelsIndependent VariablesNonlinear Regression Model