Re: st: Predicted probabilities after oprobit w/robust standard errors

[Nick Winter <nw53@cornell.edu>]

Larger standard errors make it more likely you are further away from 
the deterministic part--yes--but you could be higher, or you could be 
lower.  Your best guess--and therefore your prediction--is unchanged.

--NW

At 09:14 AM 6/2/2006, you wrote:

> At 06:55 PM 6/1/2006, Matt Barmack wrote:
> Specifying cluster or robust does not seem to change the predicted
> probabilities from oprobit.  Does it?  Shouldn't it?
> Intuitively/naively, I am thinking that for an observation for which
> the variance of the random part of the latent index is high, there is
> a greater chance of ending up further away from what the
> deterministic part of the latent index alone might suggest.
________________________________________________________
Nicholas J. G. Winter                     607.255.8819 t
Assistant Professor                       607.255.4530 f
Department of Government              nw53@cornell.edu e
Cornell University        falcon.arts.cornell.edu/nw53 w
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Ithaca, NY 14853-4601 

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