This topic contains a solution. Click here to go to the answer

Author Question: To measure the fit of the probit model, you should: A) use the regression R2. B) plot the ... (Read 160 times)

tatyanajohnson

  • Hero Member
  • *****
  • Posts: 569
To measure the fit of the probit model, you should:
 
  A) use the regression R2.
  B) plot the predicted values and see how closely they match the actuals.
  C) use the log of the likelihood function and compare it to the value of the likelihood function.
  D) use the fraction correctly predicted or the pseudo R2.

Question 2

Multiplying the dependent variable by 100 and the explanatory variable by 100,000 leaves the
 
  A) OLS estimate of the slope the same.
  B) OLS estimate of the intercept the same.
  C) regression R2 the same.
  D) variance of the OLS estimators the same.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

ansleighelindsey

  • Sr. Member
  • ****
  • Posts: 364
Answer to Question 1

Answer: D

Answer to Question 2

Answer: C




tatyanajohnson

  • Member
  • Posts: 569
Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review


tuate

  • Member
  • Posts: 332
Reply 3 on: Yesterday
Wow, this really help

 

Did you know?

Egg cells are about the size of a grain of sand. They are formed inside of a female's ovaries before she is even born.

Did you know?

The types of cancer that alpha interferons are used to treat include hairy cell leukemia, melanoma, follicular non-Hodgkin's lymphoma, and AIDS-related Kaposi's sarcoma.

Did you know?

All patients with hyperparathyroidism will develop osteoporosis. The parathyroid glands maintain blood calcium within the normal range. All patients with this disease will continue to lose calcium from their bones every day, and there is no way to prevent the development of osteoporosis as a result.

Did you know?

Although not all of the following muscle groups are commonly used, intramuscular injections may be given into the abdominals, biceps, calves, deltoids, gluteals, laterals, pectorals, quadriceps, trapezoids, and triceps.

Did you know?

Astigmatism is the most common vision problem. It may accompany nearsightedness or farsightedness. It is usually caused by an irregularly shaped cornea, but sometimes it is the result of an irregularly shaped lens. Either type can be corrected by eyeglasses, contact lenses, or refractive surgery.

For a complete list of videos, visit our video library