HEEELP!!! What would be a combination of a rare events model (which I compute in Stata with cloglog) and an instrumental variable model (which I estimate with ivprobit)? I have to estimate a rare events model that has some endogenous regressors and I have the perfect instrument for them, but I just don't know how to do it...
Help, Can we just take the binary variables without defining a base level? And what about the continuous? Can we just include it in the model? Do we need to transform it before? (So the model “knows” that it is continuous?)
You can also get odds ratio by doing logit command comma or
HEEELP!!! What would be a combination of a rare events model (which I compute in Stata with cloglog) and an instrumental variable model (which I estimate with ivprobit)? I have to estimate a rare events model that has some endogenous regressors and I have the perfect instrument for them, but I just don't know how to do it...
Does the overall model statistically significantly improve the constrained model?
you forgot to mention how to interpret 1.8964 from the vote coefficient
you cannot interprete the number. only the sign. therefore u use odds instead!
e^(1,8964) - turn it into the odds ratio, then you can explain it
@@pcpedroariel very good explaination
Help, Can we just take the binary variables without defining a base level? And what about the continuous? Can we just include it in the model? Do we need to transform it before? (So the model “knows” that it is continuous?)
how to explain constant?
great video :)
this was helpful, thanks.
Thank youuu
thanks