A 2 J table has ordinal response. Let F j|i = 1|i + ..... +

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A 2 × J table has ordinal response. Let Fj|i= Ï€1|i+ ..... + Ï€j|i. When Fj|2‰¤ Fj|1for j = 1,......, J, the conditional distribution in row 2 is stochastically higher than the one in row 1. Consider the cumulative odds ratios

F1/(1 - F) Fj2/(1 - Fj2)

Show that log θ> 0 for all j is equivalent to row 2 being stochastically higher than row 1. Explain why row 2 is then more likely than row 1 to have observations at the high end of the ordinal scale.

Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
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