Cryptocurrency Q&A What are the limitations of the probit model?

What are the limitations of the probit model?

IncheonBlues IncheonBlues Sat Oct 12 2024 | 7 answers 1033
I'm interested in understanding the constraints or restrictions associated with the probit model. Specifically, I want to know the aspects where the model might not perform optimally or the scenarios it might not be suitable for. What are the limitations of the probit model?

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