How you obtain heteroscedastidty-corrected standard errors

Reference no: EM131480350

Question: Divide the smoker data into 20 groups. For each group compute Pb the probability of smoking. For each group compute the average values of the regressors and estimate the grouped logit model using these average values. Compare your results with the ML estimates of smoker log it discussed in the chapter. How would you obtain the heteroscedastidty-corrected standard errors for the grouped logit?

Reference no: EM131480350

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How you obtain heteroscedastidty-corrected standard errors : Divide the smoker data into 20 groups. For each group compute Pb the probability of smoking. For each group compute the average values of the regressors.

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