I have data on whether an audition was successful or not and some data that could help explain the success/failure up to some extent (I have about 10 categorical variables and 2 continuous). So the outcome of the model is binary (audition was successful or not) and the covariates both categorical and continuous. Which model would fit in this case? Is Probit the one to go with? Does this command for the explanatory variables to fulfill some conditions? How do you deal with the assumptions, that the explanatory variables might not be fully independent of each other?
Do you have good suggestions on literature or other sources on the Probit model and its application in the field?
Thank you in advance!