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  2. Topic
    Statistics
  3. Study Set
    Practical Econometrics
  4. Exam
    Exam 12: Limited Dependent Variables
  5. Question
    What Is a Multinomial Logit Model? Why Is It More
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What Is a Multinomial Logit Model? Why Is It More

Question 19

Question 19

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What is a multinomial logit model? Why is it more appropriate than OLS? Explain.

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The multinomial logit model is an altern...

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