Dependent Variable
CE 601 Term Project
By
Classification
Type of Discrete
Dependent Variable
Example Problems
Type of Regression Model
Binary
1. Consumer economics
2. Decision to vote
Logistic Regression
Probit Regression
Ordinal
1. Opinion survey
2. Rating systems
Ordered Logistic Regression
Ordered Probit Regression
Nominal
1. Occupation choice
2. Blood type
Multinomial Logistic Regression
Count
1. Consumer demand
2. Health demand
Poisson Regression
Negative Binomial Regression
Logistic Regression
Cancer or not ?
Answer depends on:
• What is the age of the person
References: • Dougherty C., Introduction to Econometrics, 3rd edition, 2007 • Frone R., Regression Models for Discrete and Limited Dependent Variables, 1997 Research Methods Forums No. 2 (Summer 1997) • Powers D., Xie Y., Statistical Methods for Categorical Data Analysis, 2nd edition, 2008 • Long J., Freese J., Regression Models for Categorical Dependent Variables Using Stata, 2nd edition, 2006 • Greene, William H., Econometric Analysis, 5th edition, Prentice Hall, 1993 • Long J., Regression Models for Categorical and Limited Dependent Variables, 1997