Good afternoon to everybody. I was estimating a regression through xtoprobit command and observed that the estimation also gave me the parameter "sigma_u" which I found reading the Stata help was the "estimated panel-level variance component"
My question was about the interpretation of it. How may I interpret the results of this estimator? Whats would be the interpretation if it is significant at all levels and equal to zero?
Thanks in advance!
Angelo
My question was about the interpretation of it. How may I interpret the results of this estimator? Whats would be the interpretation if it is significant at all levels and equal to zero?
Thanks in advance!
Angelo
Comment