From the course: Introduction to Stata
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Categorical choice models: Solution - Stata Tutorial
From the course: Introduction to Stata
Categorical choice models: Solution
(techno music) - [Instructor] Let's take a look at the solution style Categorical Choice Modeling Challenges. I've already loaded up the NLSW 88 underscore banded data set here and run a describe command. Our first challenge was to explore the banded wage variable and determine how it might have been created. That's this one over here. So let's start with a one-way tabulation of wageband. Tabulate wageband. So we can see four distinct categories, but without further information, this doesn't really tell us very much. The continuous wage variable is still available for us, so let's explore this visually. Let's run a scatter plot between these two variables to see what we can figure out. Scatter wageband against wage. We're getting somewhere. This plot tells us that the continuous variable wage appears to have been cut into four unequally sized categories. One appears to equate to low wages, whilst two, three…
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