Econometrics Academy - Ordered Probit and Logit Models
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Econometrics Academy - Ordered Probit and Logit Models
The ordered probit and logit models have a dependent variable that are ordered categories. Examples include rating systems (poor, fair, good excellent), opinion surveys from strongly disagree to strongly agree, grades, and bond ratings. Handouts, Programs, and Data Ordered Probit and Logit
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