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Is it normal to have a negative pseudo R-Squared (McFadden’s pseudo R-squared) in tobit regression?
Is it normal to have a negative pseudo R-Squared (McFadden’s pseudo R-squared) in tobit regression?

Dear stata users,

First of all: thanks for reading my question.
I have run a tobit model and found a negative pseudo R-squared value (-0,342).
Is this normal and how do I need to interpret this?

Kind regards

BJ Data Tech Solution

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Is it normal to have a negative pseudo R-Squared (McFadden’s pseudo R-squared) in tobit regression?

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Home / Data Cleaning / Data management / Data Processing / Is it normal to have a negative pseudo R-Squared (McFadden’s pseudo R-squared) in tobit regression? Is it normal to have a negative pseudo R-Squared (McFadden’s pseudo R-squared) in tobit regression?

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