Hi,
I have run a panel probit model and in my results I would like to include a measure of fit for my model.
I am aware that for a normal probit model the 'pseudo r squared' measurement is sometimes used, I was wondering if it was possible to calculate a similar measure for a panel probit model that uses the 'xtprobit' command? or if there are any other measures of fit available?
Many Thanks,
Philip
I have run a panel probit model and in my results I would like to include a measure of fit for my model.
I am aware that for a normal probit model the 'pseudo r squared' measurement is sometimes used, I was wondering if it was possible to calculate a similar measure for a panel probit model that uses the 'xtprobit' command? or if there are any other measures of fit available?
Many Thanks,
Philip
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