See if the logit model fits the data, treating the redemption rate as the dependent variable and price discount as the explanatory variable. b. See if the probit model does as well as the logit model.
The Canadian Journal of Statistics / La Revue Canadienne de Statistique We consider optimal designs for a class of symmetric models for binary data which includes the common probit and logit models.
The LOGISTIC, GENMOD, PROBIT, and CATMOD procedures can all be used for statistical modeling of categorical data. The CATMOD procedure provides maximum likelihood estimation for logistic regression, ...