I ran a logit model, lhs is risk tolerance (=1 if respondent willing to take high risk; =0 otherwise), rhs are demographic factors such as age, generation, year, ... then I used mfx command to show marginal effect. For example, the marginal effect for generation Y was -0.0166503* (5% significant), then my interpretation was "Each respondents belonging to the Y generation decreased the likelihood of reporting risk tolerance by 1.66 per cent." I was told that my interpretation was wrong but I couldn't manage to find where.
Related Posts with How to interpret the marginal effects for dummy variables in logit regression
Exporting Lincoln result using Outreg2Hello, i am trying to export my ITSA output tables to Microsoft Word using Outreg2 command, however…
Graphing interaction termHello, I have an interaction term that I would like to graph. I would like to replicate the graph be…
vertical line overlaying an area plotHello, I am trying to add to an area plot three vertical lines overlaying them. I have tried with th…
Difference-in-Differences reg vs xtregDear all, I read through many discussions concerning difference in differences analyses but have no…
Pseudo likelihood?Dear community, In my probit model on public opinion I have applied weights, which resulted in pseud…
Subscribe to:
Post Comments (Atom)
0 Response to How to interpret the marginal effects for dummy variables in logit regression
Post a Comment