Develop an MH algorithm for the dichotomous probit model.

Why is milk used to convey the idea of punishment?
November 27, 2020
Construct an MH algorithm to estimate the parameters in the ordinal probit model.
November 27, 2020

1. Develop an MH algorithm for the dichotomous probit model.

2. Develop a rejection sampler for simulating from a truncated normal distribution using a triangular density, rather than a uniform density, as discussed in Section 8.1.3.

3. Starting with the Gibbs sampler shown earlier for the dichotomous probit model, modify it to make it a hybridized Gibbs-MH algorithm. That is, continue to sample the latent data at each iteration (a Gibbs sampling step), but update the parameters using MH steps.

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