I am estimating the following IVProbit model:
ivprobit Car_sales Car_colour Car_age (Car_user = Car_user_year_of_birth), vce(cluster state)
I use the command "Predict" to get the predicted probabilities. However, the predicted probabilities are higher than 1 and smaller than zero (see below).
Could you please advice me how I can get the correct predicted probabilities of Car_sales?
Thank you.
| . predict test | |||
| (option xb assumed; fitted values) | |||
| (47 missing values generated) | |||
| . sum test | |||
| Variable Obs Mean | Std. Dev. | Min | Max |
| test 1,202 .200109 | .8899604 | -4.319162 | 3.000599 |
0 Response to Predict IVProbit
Post a Comment