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2010 Oct 31
1
Questions about Probit Analysis
...anew to
perform again a logistic regression on x1 only?
(2) This is a bit more conceptual. Let us say that you have a set of
products A,B,C,D,E,F. Each product has a list of features: x_A for
product A, x_B for B etc...
Each customer has its own set of parameters (age, sex, income etc..) I
call x_cust. Finally, the customer is confronted with two products (e.g.
A and D; combinations may vary, I call each combination of two products
a scenario) and asked which one he would like to buy. Bottom line: your
data are in the format
1 x_A x_cust
0 x_D x_cust
meaning that a certain customer chose p...