STATISTICAL TECHNIQUES FOR ESTIMATING RELATIONSHIPS IN WHICH THE DEPENDENT VARIABLE IS DICHOTOMOUS
K.W. Lee and
Lowell D. Hill
No 284545, 1974 Annual Meeting, August 18-21, College Station, Texas from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)
Abstract:
Researchers in the social sciences often encounter the methodological problems that arise when the dependent variable in the relationship is dichotomous. Several statistical techniques for estimating such relationships are available including the conditional probability model, probit model, logit model, and discriminant analysis. This paper will compare these methods and suggest criteria for selecting among the alternatives. A comparison of the estimated function obtained by each technique will be made using a set of empirical data relating to purchase of a grain dryer.
Keywords: Research; Methods/Statistical; Methods (search for similar items in EconPapers)
Pages: 15
Date: 1974-08
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea74:284545
DOI: 10.22004/ag.econ.284545
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