highly significantp < 0.001
The probit model exhibits strong explanatory power, as evidenced by a pseudo R-squared of 0.862 and a highly significant Wald chi-squared statistic (χ 2 = 53.60, p < 0.001), indicating a good overall fit. 4.2.
The probit model exhibits strong explanatory power, as evidenced by a pseudo R-squared of 0.862 and a highly significant Wald chi-squared statistic (χ 2 = 53.60, p < 0.001), indicating a good overall fit. 4.2.