Explore the intricacies of qualitative response models in this 33-minute lecture, focusing on marginal effects and average marginal effects. Delve into the structure of dependent variables, learn how to estimate the model, and understand the logic behind these statistical approaches. Examine the concept of standard R-squared and its application in regression analysis. Gain valuable insights into interpreting regression lines and their significance in qualitative response modeling.
Qualitative Response Model: Marginal Effects and Logit Models - Part 5
Overview
Syllabus
Introduction
Dependent Variable
Estimate the Model
Marginal Effect
Logic Model
Average marginal effect
Standard Rsquare
Regression Line
Taught by
NPTEL-NOC IITM
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