Hello,
I am wondering what log pseudolikelihood and wald chi² mean in het output of logit. After reading on the internet, I think Wald chi² denotes the joint significance of the model.However, the meaning of log (pseudo)likelihood remains a mystery to me.
Kind regards,
Timea
I am wondering what log pseudolikelihood and wald chi² mean in het output of logit. After reading on the internet, I think Wald chi² denotes the joint significance of the model.However, the meaning of log (pseudo)likelihood remains a mystery to me.
Kind regards,
Timea
