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 :)
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
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
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?
This was amazing! Best, and clearest explanation out of my 8 weeks in STATA class haha.
Thank you
This was simply amazing!! Can you pls share a probit model video as well?
Thank you so much Pat , you've helped with my exam revision , your explanation is straightforward and to the point
Thanks.Mr.pat for your excellent explanation about critical econometrics lecture.
Thank you Pat Obi. This is an amazing explanation
Thank you! It was easy to understand with your example.
Superb ..... Thanks for sharing the knowledge ..... Really you are a good teacher .... :)
It was an amazing explanation in an easy way. Thank you
Great job showing why OLS does not really with with binary dependence
that’s the best explanation video i’ve seen so far :)
your explanation is clairvoyant.
Thank you so much, Professor, i enjoyed the lesson
Thank you so much, this video really helped me with my research project.
Thank you so much. Am so grateful
This was just brilliant!
nice presentation!
Great Job Sir. Please do one on Multinomial Logistic Regression
Wonderful video. Thank you
thank you this vidio more precise and clear from the other
Thankyou Sir. Very nicely explained.
You saved me, I have exams tomorrow and our Prof is shit
Thanks.. Very good explanation ,waiting more videos..
You're welcome Arif
Thanks Pat
Thank you for the good explanation. Is there a way we can make those predictions (after logit) using stata rather than using excel?
Thanks so much
To much helpful.
Thank you very much. This video is very informative and easy to follow.
Thank you for sharing.
theoretically, how would we choose between LPM and the logit model? Thank you
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 :)
Thank you for your reply , so much appreciated :)
thank you so much sir
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
Nice
hey sorry…on the interpretation part is it a must we use 1% increase? and is it appropriate to use other word like 1unit??
Is this the same as 'logit-linear models'?
Can you please share the probit model?
It is an wonderful explanation ..
Can you please share the Dataset so we can do practice as well ?? Thank you in advance?
Will post data
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
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?
Use original data for descriptive stats.
@@PatObi tq so much
Good🙏