Simplest Description of Binary Logit Model
Dr. Rashmi
Citation : Dr. Rashmi, Simplest Description of Binary Logit Model International Journal of Managerial Studies and Research 2016 , 4(9) : 42-46
This article makes an attempt to explain the logit model in a very simple manner and suggests how it is applied to the qualitative data. Logit model is explained with the help of an example which contains data from a college. Pass/faliure status of the students is determined which is the dependent variable of the study. Marks of the students in internal exams, gender of the students and background of the students is taken as independent variables. E-Views is used to run the model and finally the results of the example are made clear.