Applied economists have long struggled with the question of how to accommodate binary endogenous regressors in models with binary and nonnegative outcomes. I argue here that much of the difficulty ...
This paper describes and contrasts two useful ways to employ a latent class variable as a mixture variable in regression analyses of panel data with a categorical dependent variable. One way is to ...
Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...
A behind-the-scenes blog about research methods at Pew Research Center. For our latest findings, visit pewresearch.org. Many of Pew Research Center’s survey analyses show relationships between two ...
Logistic regression is a powerful statistical method that is used to model the probability that a set of explanatory (independent or predictor) variables predict data in an outcome (dependent or ...
Ordinary regression analysis is based on several statistical assumptions. One key assumption is that the errors are independent of each other. However, with time series data, the ordinary regression ...
Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician (CMT). Line of best fit refers to a line through a scatter plot of data points that ...