Comparing Logit and Probit Coefficients between Models
Richard Williams, with assistance from Cheng Wang, discusses the comparison of logit and probit coefficients in regression models. The essence of estimating models with continuous independent variables is explored, emphasizing the impact of adding explanatory variables on explained and residual vari
1 views • 43 slides
Understanding Proportional Odds Assumption in Ordinal Regression
Exploring the proportional odds assumption in ordinal regression, this article discusses testing methods, like the parallel lines test, comparing multinomial and ordinal logistic regression models, and when to use each approach. It explains how violating the assumption may lead to using the multinom
0 views • 13 slides
Microeconometric Modeling with Multinomial Logit Model
The topic discusses the Multinomial Logit Model in the context of discrete choice modeling, covering concepts, models, consumer preferences, utility maximization, and implications for discrete choice models. It explores how consumers maximize utility under budget constraints, the need for well-defin
0 views • 58 slides
Overview of gologit2: Generalized Logistic Regression Models for Ordinal Dependent Variables
gologit2 is an advanced program for estimating generalized logistic regression models, including proportional odds, generalized ordered logit, and partial proportional odds models. It offers features beyond traditional ologit, allowing for less restrictive and more parsimonious modeling of ordinal d
0 views • 27 slides
Introduction to Binary Logistic Regression: A Comprehensive Guide
Binary logistic regression is a valuable tool for studying relationships between categorical variables, such as disease presence, voting intentions, and Likert-scale responses. Unlike linear regression, binary logistic regression ensures predicted values lie between 0 and 1, making it suitable for m
5 views • 17 slides