Models for Multiple Outcomes
Introduction
Analysis for multiple outcomes or choices models the relationship between a multiple response variable and one or more explanatory variables. There are two broad types of outcome sets, ordered(or ordinal) and unordered. The choice of travel mode (by car, bus, or train) is unordered. Bond ratings, taste tests (from strong dislike to excellent taste), levels of insurance coverage (none, part, or full) are ordered by design. Two different types of approaches are employed for the two types of models.
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