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AAE637 Topics for April 10, 2008. Introduction to Multinomial Logit Model Explanatory Power Measures Introduction to Truncated and Censored Distributions of Random Variables Characteristics of Truncated Distributions From the Perspective of a RV
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AAE637 Topics for April 10, 2008 • Introduction to Multinomial Logit Model • Explanatory Power Measures • Introduction to Truncated and Censored Distributions of Random Variables • Characteristics of Truncated Distributions • From the Perspective of a RV • Extension to Regression Model where Dependent Variable is RV of concern • Estimation of Truncated Regression (TR) • Marginal Effects Under TR • The TR Likelihood Function • Greene, p. 863-869; Hauseman and Wise(1977)