--- Nirina F <[email protected]> wrote:
> In my biprobit I get rho=0.6 and 0.7 and then to 3.
> I thought that rho has to be between -1 and 1. Am I right?
> What is the econometric meaning of this rho being 3 then? If this
> is nonsense then why does Stata runs and give that result anyway?
Looks to me that you are looking at /athrho instead of rho. /athrho is
the Fisher's z transformed rho, and can range from minus infinity to
plus infinity.
-- Maarten
-----------------------------------------
Maarten L. Buis
Department of Social Research Methodology
Vrije Universiteit Amsterdam
Boelelaan 1081
1081 HV Amsterdam
The Netherlands
visiting address:
Buitenveldertselaan 3 (Metropolitan), room N515
+31 20 5986715
http://home.fsw.vu.nl/m.buis/
-----------------------------------------
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