Arbeitspapier

Measures of Fit for Multinomial Discrete Models

In a discrete model, the predicted probabilities of a particular eventcan be matched to the observed (0, I) outcomes and this will give riseto a measure of fit for that event. Previous results for the binomialmodel are applied to multinomial models. In these models the measureof fit will vary between the various events, indicating that the modelperforms better for some than for others. In addition to these differentialmeasures of fit for each separate event a single overallmeasure is constructed for the model as a whole.

Language
Englisch

Bibliographic citation
Series: Tinbergen Institute Discussion Paper ; No. 01-082/4

Classification
Wirtschaft
Subject
Goodness of fit
orthogonal residuals
multinomial logit model
Statistischer Test
Theorie
Logit-Modell

Event
Geistige Schöpfung
(who)
Cramer, J.S.
Event
Veröffentlichung
(who)
Tinbergen Institute
(where)
Amsterdam and Rotterdam
(when)
2001

Handle
Last update
10.03.2025, 11:44 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Cramer, J.S.
  • Tinbergen Institute

Time of origin

  • 2001

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