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RE: probit: compute R2 [ Reply ]
By: Arne Henningsen on 2015-02-17 23:16
[forum:41918]
I agree that it would be desirable that the output of summary.probit() should provide an easy-to-understand goodness of fit measure but I am not aware of a "conventional pseudo-R2." AFAIK, glm() does not provide any easy-to-understand goodness of fit figure.

probit: compute R2 [ Reply ]
By: Ott Toomet on 2015-02-16 04:02
[forum:41904]
Probit should output an easy-to-anderstand goodness of fit figure. Like pseudo R2. I have an idea how to do it but how do the other software packages do it? Is there a conventional "pseudo-R2"?

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