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st: goodness-of-fit measure of xttobit
Dear Stata Listers,
Could someone guide me as to who I could estimate a goodness-of-fit measure of xttobit (some sort of pseudo-r square, I suppose using the log likelihood) ? I am aware that the information may not provide much meaningful information, but I would like to know whether such a statistics exists, and to what extent it can reflect, in some sense, how well the model fits the data. Any guidance will be much appreciated.
Thanks a lot in advance,
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