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Re: st: Predicted probabilities after oprobit w/robust standard errors
Larger standard errors make it more likely you are further away from
the deterministic part--yes--but you could be higher, or you could be
lower. Your best guess--and therefore your prediction--is unchanged.
At 09:14 AM 6/2/2006, you wrote:
At 06:55 PM 6/1/2006, Matt Barmack wrote:
Specifying cluster or robust does not seem to change the predicted
probabilities from oprobit. Does it? Shouldn't it?
Intuitively/naively, I am thinking that for an observation for which
the variance of the random part of the latent index is high, there is
a greater chance of ending up further away from what the
deterministic part of the latent index alone might suggest.
Nicholas J. G. Winter 607.255.8819 t
Assistant Professor 607.255.4530 f
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Cornell University falcon.arts.cornell.edu/nw53 w
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Ithaca, NY 14853-4601
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