Binary Choice - Linear Probability and Logit Models

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  • Опубликовано: 30 июл 2024

Комментарии • 45

  • @londontreece7828
    @londontreece7828 3 года назад +9

    This was amazing! Best, and clearest explanation out of my 8 weeks in STATA class haha.

    • @PatObi
      @PatObi  3 года назад

      Thank you

    • @shwetaagarwal6240
      @shwetaagarwal6240 3 года назад

      This was simply amazing!! Can you pls share a probit model video as well?

  • @laughicious
    @laughicious 7 лет назад +5

    Thank you so much Pat , you've helped with my exam revision , your explanation is straightforward and to the point

  • @khadijaakter1363
    @khadijaakter1363 5 лет назад +2

    Thanks.Mr.pat for your excellent explanation about critical econometrics lecture.

  • @nitinkumar7225
    @nitinkumar7225 6 лет назад +1

    Thank you! It was easy to understand with your example.

  • @jonesstephenkaliwo9405
    @jonesstephenkaliwo9405 Год назад

    Thank you Pat Obi. This is an amazing explanation

  • @bilalsafi8827
    @bilalsafi8827 3 года назад

    It was an amazing explanation in an easy way. Thank you

  • @mukailarafiu2718
    @mukailarafiu2718 2 года назад

    your explanation is clairvoyant.

  • @cenuel3583
    @cenuel3583 5 месяцев назад

    that’s the best explanation video i’ve seen so far :)

  • @ericgottlieb9988
    @ericgottlieb9988 7 лет назад +1

    Great job showing why OLS does not really with with binary dependence

  • @policyandpolicymakers7357
    @policyandpolicymakers7357 2 года назад

    Thank you so much, Professor, i enjoyed the lesson

  • @Pickett1312
    @Pickett1312 Год назад

    This was just brilliant!

  • @missmulti6705
    @missmulti6705 Год назад

    Thank you so much, this video really helped me with my research project.

  • @kunjaai
    @kunjaai 6 лет назад +1

    Superb ..... Thanks for sharing the knowledge ..... Really you are a good teacher .... :)

  • @isaacmasinga9882
    @isaacmasinga9882 Год назад

    Thank you so much. Am so grateful

  • @asayeendale9008
    @asayeendale9008 2 года назад

    thank you this vidio more precise and clear from the other

  • @pipertripp
    @pipertripp 4 месяца назад

    nice presentation!

  • @imadjabir1678
    @imadjabir1678 2 года назад

    Wonderful video. Thank you

  • @pawalucious89
    @pawalucious89 Год назад

    Thank you for the good explanation. Is there a way we can make those predictions (after logit) using stata rather than using excel?

  • @emadazhar2231
    @emadazhar2231 3 года назад

    Thankyou Sir. Very nicely explained.

  • @OthmanTops-rf1uj
    @OthmanTops-rf1uj Месяц назад

    hey sorry…on the interpretation part is it a must we use 1% increase? and is it appropriate to use other word like 1unit??

  • @ScholenEnt
    @ScholenEnt 4 месяца назад

    Great Job Sir. Please do one on Multinomial Logistic Regression

  • @mansikumari4954
    @mansikumari4954 3 года назад +1

    Thanks Pat

  • @Dupamine
    @Dupamine 3 года назад

    Is this the same as 'logit-linear models'?

  • @BullseyeBY
    @BullseyeBY 19 дней назад

    You saved me, I have exams tomorrow and our Prof is shit

  • @erdogangursum.
    @erdogangursum. Год назад

    Thanks so much

  • @workuassefa2685
    @workuassefa2685 2 года назад

    To much helpful.

  • @JBL_bass_lover_
    @JBL_bass_lover_ 3 года назад +1

    Thanks.. Very good explanation ,waiting more videos..

    • @PatObi
      @PatObi  3 года назад

      You're welcome Arif

  • @NadiraBag
    @NadiraBag 7 лет назад +2

    Thank you for sharing.
    theoretically, how would we choose between LPM and the logit model? Thank you

    • @PatObi
      @PatObi  7 лет назад +2

      Nadira Bag .I apologize for my delayed response. You ask a good question! I think the LPM has the advantage of being simpler to implement and more intuitive. But this can't be all there is to it :)

    • @NadiraBag
      @NadiraBag 7 лет назад

      Thank you for your reply , so much appreciated :)

  • @joehan8355
    @joehan8355 3 года назад +1

    Thank you very much. This video is very informative and easy to follow.

  • @PavanKumar-ef1yy
    @PavanKumar-ef1yy 9 месяцев назад

    thank you so much sir

  • @khadijaakter1363
    @khadijaakter1363 5 лет назад

    Can you please share the probit model?

  • @yanyinchan94
    @yanyinchan94 3 года назад +1

    I want to run a descriptive statistic before logit regression. Since I want to run logit regression, I changed my dependent variables to 0 and 1, thus when I run the descriptive, should I use the original data or 0 and 1?

    • @PatObi
      @PatObi  3 года назад

      Use original data for descriptive stats.

    • @yanyinchan94
      @yanyinchan94 3 года назад

      @@PatObi tq so much

  • @ericgottlieb9988
    @ericgottlieb9988 7 лет назад +1

    You can use the logic model in excel if you manually alter the equation to best fit your data by minimizing the sum of squared differences between your prodiced probabiltiy from the modle and the actual binary y outputs. its a pain to do though.... haha

  • @hongruisun4648
    @hongruisun4648 7 лет назад +1

    Nice

  • @RohitGupta-tj7sh
    @RohitGupta-tj7sh 6 лет назад +2

    It is an wonderful explanation ..
    Can you please share the Dataset so we can do practice as well ?? Thank you in advance?

    • @PatObi
      @PatObi  3 года назад +1

      Will post data

    • @pawalucious89
      @pawalucious89 Год назад

      You can equally use the input command in stata to enter the data manually and follow what is being done. Or rather just type directly into stata spreadsheet

  • @ameygooni3392
    @ameygooni3392 7 месяцев назад

    Good🙏