A Can Probit or Logit Models Be Used on Panel Data with 50 Subjects?

  • A
  • Thread starter Thread starter monsmatglad
  • Start date Start date
  • Tags Tags
    Data Probability
AI Thread Summary
Probit and logit models can be applied to panel data, but the effectiveness depends on the sample size and bias. With 50 subjects and 20 observations each, there is a sufficient amount of data for statistical analysis. However, the sample is heavily skewed towards large public companies, which limits the generalizability of the findings to smaller firms. Researchers should be cautious about drawing broad conclusions from such a biased sample. Overall, while the models can be used, the inherent biases must be acknowledged.
monsmatglad
Messages
75
Reaction score
0
Is it possible to use probit or logit models on panel data?

Mons
 
Physics news on Phys.org
monsmatglad said:
Is it possible to use probit or logit models on panel data?

Mons
Yes, but depending on the number of people there may not be enough data to do any meaningful statistics. Also, depending on the selection criteria the panel may constitute a very biased sample
 
I have about 50 different "individuals" and (optimally) 20 observations for each. the "individuals" are chosen based on a list of the 50 largest US, public companies at the time of the first observation. Do you see any immediate reasons for concern, based on this information (if I am using this data material for a logit or probit model)?

Mons
 
50 subjects should be enough for reasonable statistics. Your sample is highly biased towards large companies, so your conclusions should not be generalized to smaller companies.
 
  • Like
Likes ZeGato

Thread 'Deductive proof in logic formal systems'

I was reading documentation about the soundness and completeness of logic formal systems. Consider the following $$\vdash_S \phi$$ where ##S## is the proof-system making part the formal system and ##\phi## is a wff (well formed formula) of the formal language. Note the blank on left of the turnstile symbol ##\vdash_S##, as far as I can tell it actually represents the empty set. So what does it mean ? I guess it actually means ##\phi## is a theorem of the formal system, i.e. there is a...
View full post »

Similar threads

A "Population-averaged"regression on panel data using Stata
Replies
1
Views
2K
I What Are the Key Differences Between OLS and GLM Models in Statistical Analysis?
Replies
3
Views
2K
I Time series analysis and data transformation
Replies
8
Views
2K
I Best way to quantify how well a model fits data
Replies
20
Views
2K
I Central limit theorem, panel study
Replies
1
Views
1K
I Is the F-test Calculation Different for Longitudinal Data in Linear Regression?
Replies
2
Views
1K
I What are the commonly used estimators in regression models?
Replies
23
Views
4K
I Maximum likelihood to fit a parameter of this model
Replies
1
Views
2K
Help with generalized linear model
Replies
1
Views
2K
I Panel study, multiple linear regression, assumptions
Replies
1
Views
2K

Hot Threads

Recent Insights

Back
Top