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
Show that log θj > 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.
DistributionThe 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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