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st: probit mean

From   Dirk Nachbar <[email protected]>
To   statalist <[email protected]>
Subject   st: probit mean
Date   13 Nov 2006 12:05:49 Z


A colleague received a reply from an academic saying " Remember that the probit does not predict at the mean and an adjustment needs to be made for this." Unfortunately I couldn't tell him what she meant by that. My colleague estimates a probit model and then puts mean projections into the explanatory variables to predict a dependent probability.

Does any of you know what the academic meant by that?

Dirk Nachbar

Assistant Economist


Department for Work and Pensions

Level 2, The Adelphi

1-11 John Adam St

WC2N 6HT London

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