discrete_choice
This document provides comprehensive guidance on discrete choice models in statsmodels, including binary, multinomial, count, and ordinal models.
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Content
# Discrete Choice Models Reference
This document provides comprehensive guidance on discrete choice models in statsmodels, including binary, multinomial, count, and ordinal models.
## Overview
Discrete choice models handle outcomes that are:
- **Binary**: 0/1, success/failure
- **Multinomial**: Multiple unordered categories
- **Ordinal**: Ordered categories
- **Count**: Non-negative integers
All models use maximum likelihood estimation and assume i.i.d. errors.
## Binary Models
### Logit (Logistic Regression)
Uses logistic distribution for binary outcomes.
**When to use:**
- Binary cla
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