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
Marginal effect for censored ordered probitI develop a censored ordered probit model to explain the level of education achieved. I should also …
Covariance structure in generalized mixed modelsDear all, Using longitudinal data at prefecture level, I conducted multilevel analyses with a rando…
Convex hulls on scatter plotsA search for discussions of convex hulls in Stata forums or outlets reveals various programs from 19…
Read list of numbers from txt to use in a macroI have a txt file containing some numbers, say 1 5 6 17 18. I would like to import this to Stata and…
Stata job opportunity in Cmabridge MA NBER has an opening for a "professional to work with researchers to explore, procure, & curate …
Subscribe to:
Post Comments (Atom)
0 Response to How to interpret the marginal effects for dummy variables in logit regression
Post a Comment