The Assumption Required for the Multinomial Logit to Be the Most-Preferred

question 32

Multiple Choice

The assumption required for the multinomial logit to be the most-preferred estimator for categorical dependent variables is referred to as

• A)multinomial logit theorem.
• B)independence of relevant alternatives.
• C)independence of irrelevant alternatives.
• D)dependence of irrelevant alternatives.

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Definitions:

Impression Management

A conscious or subconscious process in which individuals attempt to influence the perceptions of other people about a person, object, or event by regulating and controlling information in social interaction.

Conscientiousness

A personality trait characterized by organization, dependability, diligence, and a strong sense of duty.

Commitments

Obligations or pledges to do something, often implying a promise made to others or oneself.

Impression Management

The process by which individuals attempt to control the perceptions others have of them.