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A Note on the Heterogeneous Choice Model G. Rohwer (JanuaryThe heterogeneous choice model (HCM) has been proposed as an extension of the standard logit and probit models (Williams, In this note, I show that
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Document Date: 2015-02-20 13:01:21
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Logit
Explained variation
Probit model
Independence
Dummy variable
Multinomial logit
Statistics
Regression analysis
Logistic regression