The ORDEREDPROBITa.xls Model

Ordered Probit Model

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Given the dependent variable observed on a discrete or ordinal scale, we want to derive a scoring formula based on several independent variables (each of which can be continuous or binary). If there are n possible outcomes, then we also want to estimate n-1 thresholds.

Keywords:

Econometrics | Nonlinear Regression | Maximum Likelihood | Discriminant Analysis | Multiple Regression | Probit |