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The constant is insignificant
Posted: Tue Aug 23, 2011 4:48 pm
by Jedrek
Is it ok for a probit model that the constant or "C" is insignificant?
Re: The constant is insignificant
Posted: Tue Aug 23, 2011 5:17 pm
by startz
Sure.
Re: The constant is insignificant
Posted: Wed Aug 24, 2011 4:41 am
by Jedrek
startz wrote:Sure.
Thanks Startz.
Re: The constant is insignificant
Posted: Fri Aug 21, 2015 3:27 am
by szaki
If in probit model I have constant (or "C") insignificant, am I allowed to exclude it from the model?
Is it fine?
Re: The constant is insignificant
Posted: Fri Aug 21, 2015 9:14 am
by startz
In general, no.
Re: The constant is insignificant
Posted: Mon Jun 26, 2017 12:41 am
by Econ1008
How do I process with a insignificant constant when I want to get the predicted probability of a certain event? Will I use the value of the constant to calculate the predicted probability as well as all slope values along with their observed (out of sample) x values?
Re: The constant is insignificant
Posted: Mon Jun 26, 2017 5:28 am
by startz
Yes.