Multiple Choice
Suppose you are interested in estimating the effect that gasoline prices have on the decision to ride a bike,take a bus,take a train,or drive your own car to work in this case,your preferred estimator would be
A) OLS.
B) a logit model.
C) a multinomial logit model.
D) a probit model.
Correct Answer:
Verified
Correct Answer:
Verified
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Q13: What is a binary dependent variable? Why
Q14: Categorical dependent variables are ones that take
Q15: Suppose you are interested in explaining
Q16: Suppose you are interested in estimating the
Q18: What is the ordered probit model? Why
Q19: What is a multinomial logit model? Why
Q20: What do the coefficient estimates from the
Q21: What is the independent of irrelevant alternatives?
Q22: An estimator that is preferable to OLS