Hi all,

Could you please help in interpreting the below result of the link test (attached). Also, I could not apply the Ramsey RESET test after the logit. Therefore, I would like to ask please, is it important to apply the RESET test with linktest?

and if so? How I can do it with logit regression in Stata software?


Array



. linktest, nolog

Logistic regression
Number of obs = 300
LR chi2(2) = 191
Prob > chi2 = 0.00
Pseudo R2 = 0.4964


Log likelihood = -97.17107


appl_bnk coefficient P>z

_hat 1.012059 0.000
_hatsq 0.0124162 0.806
_cons -0.0250553 0.905





This is my interpretation for the linktest result, please correct me

the test fails to reject the null hypothesis H0 where it indicates no misspecification errors exist, no need to include or omit variable and the predicted Yhat is very identical to the real Y dependent variable values; hence, the model specification is correct.



Many thanks for giving your concern

Best regards,
Rabab