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Goodness-of-Fit Measures for Probit and Logit
Journal article

Goodness-of-Fit Measures for Probit and Logit

Timothy M Hagle and Glenn E Mitchell II
American journal of political science, Vol.36(3), pp.762-784
08/01/1992
DOI: 10.2307/2111590

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Abstract

  Some regression analysts find the R2 statistics to be of little utility, but others use it extensively while evaluating model performance. One of the shortcomings of probit and logit analyses is the lack of an analog to the Ordinary Least Squares (OLS) R2 statistic. To aid in the evaluation of model performance, several pseudo-R2's have been proposed.
Political Science Statistics

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