Why is it not optimal to fit mean response models for ordinal responses using ordinary least squares
Question:
Why is it not optimal to fit mean response models for ordinal responses using ordinary least squares as is done for normal regression?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 88% (9 reviews)
The leastsquares method is a statistical procedure ...View the full answer
Answered By
Sandra Dimaala
Sandra from Philippines ,LICENSED PROFESSIONAL TEACHER.
Teachers are our nation builders—the strength of every profession in our country grows out of the knowledge and skills that teachers help to instill in our children. And, as a nation, we must do much, much more to fully appreciate and support their work.
0.00
0 Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Mathematics questions
-
Referring to Example 16.1, if the average bid for each competitor stays the same, but their bids exhibit less variability, does Millers optimal bid increase or decrease? To study this question,...
-
Why is it not possible in Example 8.1 on page 253 to have 100% confidence? Explain.
-
For the data of Exercise 18.15: a. Fit an exponentially smoothed curve with smoothing constant = 0.6. b. For these data, describe the appearance of the exponentially smoothed curve when the...
-
On January 1, 2018, JKJ purchased a 1,000 acre farm with a building. The asking price was $2,600,000. Approximately 15 percent of the total value of the farm was allocable to the building and the...
-
Assume that on January 31,2014, Microsoft Corporation acquired 90 percent of the outstanding common stock of Power-line Technologies for $3,000,000 cash plus 200,000 shares of Microsoft's $10 par...
-
Why is there no optimal structure?
-
Crash Test Results Data Set 13 in Appendix B includes crash test results from 21 different cars. Determine whether the given values are from a discrete or continuous data set. Data Set 13: Car Crash...
-
Refer to Figure which shows the computer solution THE MANAGEMENT SCIENTIST SOLUTION FOR THE INVESTMENT ADVISORS PROBLEM a. How much would the return for U.S. Oil have to increase before it would be...
-
(a) The liabilities of Concord Company are $110,500 and its stockholders' equity is $237,000. What is the amount of Concord Company's total assets? Concord Company's total assets $ 34000 (b) The...
-
Under Armour, Inc. is an American supplier of sportswear and casual apparel. Following are selected financial data for the company for the period 20092013. a. Calculate Under Armours annual...
-
A response scale has the categories (strongly agree, mildly agree, mildly disagree, strongly disagree, dont know). One way to model such a scale uses a logit model for the probability of a dont know...
-
Consider the following two-stage model for Table 8.8. The first stage is a logit model with S as the response for the three-way GLS table. The second stage is a logit model with these three variables...
-
How are the absolute entropy values of ideal gases at pressures different from 1 atm determined?
-
Superior Cable TV buys the right to provide an exclusive movie channel (HBOW) in its province.Superior pays $300,000 per year for HBOW and the marginal cost of providing HBOW is zero.Superior's...
-
Share Issuances for Cash Chase, Inc., issued 10,000 shares of $20 par value preferred stock at $50 per share and 8,000 shares of no-par value common stock at $20 per share. The common stock has no...
-
Trinity Inc. owns 100 percent of Lindell Company's 30,000 voting shares. Trinity sells 12,000 of its Lindell shares on the open market for $60,000 on September 1. On September 1, Trinity's internal...
-
Bobby Dean purchased a 5-year, 6.1% coupon bond for 969. Interest is paid annually. One year later, he sells the bond for $1063. What is his capital gains yield on this bond?
-
Murthy wondered whether some biases had unconsciously crept into the decision of Teladoc's management to write down $6.6 billion of goodwill. Appendix 1 of the case lists common managerial biases....
-
The following information is available for Tim Hortons Inc. and Starbucks Corporation, and their industry, for a recent year: Instructions (a) Comment on the liquidity of the two companies in...
-
Prepare a stock card using the following information A company is registered for GST which it pays quarterly, assume GST was last paid on the 30th of June 2019. It uses weighted average cost...
-
An experiment analyzed how the mean corn yield varied according to three factors: nitrogen-based fertilizer, phosphate-based fertilizer, and potash (potassium chloride)-based fertilizer, each applied...
-
A study about smoking and personality used a sample of 1638 adults in the Baltimore Longitudinal Study on Aging. The subjects formed three groups according to smoking status (never, former, current)....
-
Refer to the Florida Student Survey data file on the text CD. For the response variable, use the number of weekly hours engaged in sports and other physical exercise. For the explanatory variable,...
-
What sophisticated strategies can be employed to proactively anticipate and mitigate the long-term impacts of stress and adversity, cultivating resilience as a strategic imperative for sustainable...
-
Who is the ideal target consumer for Netflix? We know just about everyone watches Netflix, but try to be more specific - who do you think is the right target audience? Is that who you believe they...
-
What refined methodologies exist for building resilience through strategic relationship-building and social support networks, fostering a sense of belonging, trust, and cohesion within professional...
Study smarter with the SolutionInn App