|
|
| |
| A Discussion of Limited Dependent Variable
Download PDF
|
Robert Odek and Dr. Gordon Opuodho
|
Abstract:
In every research work, there are variables. Variables aid in clarifying in detail the research objective and what the study intends to achieve. Limited dependent variable is referred to as being non-linear and usually qualitative in addition to being restrictive. Research shows that there is a challenge in understanding and drawing accurate inferences with the use of limited dependent variable models among researchers that opt to use non-linear models. Thus the Limited Dependent Variable models are discussed herein. Further, this article discusses the general interpretation of the modern sophisticated models utilized in the interpretation of discrete data analysis. The article is also presented in a manner that aids easy comprehension by business students who are taking econometrics as a unit but are otherwise not having very extensive knowledge of econometrics.
|
|
|
|