Multinomial Logit - Estimation of Intercept

Estimation of Intercept

When using multinomial logistic regression, one category of the dependent variable is chosen as the reference category. Separate odds ratios are determined for all independent variables for each category of the dependent variable with the exception of the reference category, which is omitted from the analysis. The exponential beta coefficient represents the change in the odds of the dependent variable being in a particular category vis-a-vis the reference category, associated with a one unit change of the corresponding independent variable.

Read more about this topic:  Multinomial Logit

Famous quotes containing the words estimation and/or intercept:

    No man ever stood lower in my estimation for having a patch in his clothes; yet I am sure that there is greater anxiety, commonly, to have fashionable, or at least clean and unpatched clothes, than to have a sound conscience.
    Henry David Thoreau (1817–1862)

    Colonel, never go out to meet trouble. If you will just sit still, nine cases out of ten someone will intercept it before it reaches you.
    Calvin Coolidge (1872–1933)