link in reply!
link in reply!
Psychology:
Psychology:
Even worse if you're teaching at a public university: using public money to create consumers for a private company.
New academic Twitter and Bsky just aren't the same without the logit/probit vs. LPM and Stata vs. R throwdowns.
Probit often easier to work with when instruments are needed.
x.com/linstonwin/s...
Probit often easier to work with when instruments are needed.
Wired: ctrl+F as "AI"
Inspired: cuts for you, govt contracts for me as "efficiency"
Wired: ctrl+F as "AI"
Inspired: cuts for you, govt contracts for me as "efficiency"
Lost in Transformation: The Horror and Wonder of Logit
I use the analogy of 🗺️↔️🌏 to clarify why logit is such a good model for binary outcomes.
tl; dr: OLS works on flat maps; logit works on globes.
statsky polisky econsky academicsky
www.robertkubinec.com/post/flat_ea...
Lost in Transformation: The Horror and Wonder of Logit
I use the analogy of 🗺️↔️🌏 to clarify why logit is such a good model for binary outcomes.
tl; dr: OLS works on flat maps; logit works on globes.
statsky polisky econsky academicsky
www.robertkubinec.com/post/flat_ea...
www.robertkubinec.com/post/flat_ea...
www.robertkubinec.com/post/flat_ea...