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Minnesota State University, Mankato

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Inferences In Log-Rate Models, Herbert C. Heien, William A. Baumann Aug 2014

Inferences In Log-Rate Models, Herbert C. Heien, William A. Baumann

Journal of Undergraduate Research at Minnesota State University, Mankato

Log-Rate models are used in analyzing rates of individuals who are exposed to a risk of having a certain characteristic. The explanatory variables could be categorical or in a continuous scale. In finding a Log-Rate Model, parameters are estimated and goodness-of-fit are studied to carefully extract the best model to fit our data. Here we revisit three aspects of Log-Rate Models using the data set give at the end of the paper. The three aspects are parameter estimation, goodness-of-fit of the model, and marginal effect of the factors.