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Journal of Undergraduate Research

Keywords

generalized qualitative response, GQR, EGB2, exponential generalized beta

College

Family, Home, and Social Sciences

Department

Economics

Abstract

Qualitative response (QR) models are used by economists, biometricians, epidemiologists, statisticians, and others to estimate the effect of certain variables on a binary (“yes” or “no”) response. For example, economists use QR models to answer the question, “What factors influence a woman’s decision to work? For years, biometricians have used QR models to answer questions such as, “What drug dosage will help a patient survive?”, or, more recently, “What level of magnetic radiation will result in childhood leukemia?” By answering these questions, QR models provide policy-makers, businesses, doctors, and others with valuable information for making decisions.

Included in

Economics Commons

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