At 05:33 PM 4/23/2009, Alan Acock wrote:
This is a question for an econometrician or anybody else who has a good way to estimate a continuous value for income when respondents select a category, such as 0-5000, 5001 - 9999, 10000 - 25,000, etc. Note categories
Alan, can you clarify the question a bit? Do you mean
(a) you want to impute values when income is missing
(b) data are not missing but you want to substitute a value within the given range, e.g. if they are in the range 0-5000 you want to plug in values like 3289, 4163, etc.
Also, is income a dependent or independent variable? If dependent, you might consider intreg.
I think the variety of answers so far reflects the fact that different people have interpreted your question differently.
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Richard Williams, Notre Dame Dept of Sociology
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