Multinomial logit: Using the individual-level survey data from the 2000 National Election Study (data in folder NES), predict party identification (which is on a five-point scale) using ideology and...

Multinomial logit: Using the individual-level survey data from the 2000 National Election Study (data in folder NES), predict party identification (which is on a five-point scale) using ideology and demographics with an ordered multinomial logit model. (a) Summarize the parameter estimates numerically and also graphically. (b) Explain the results from the fitted model. (c) Use a binned residual plot to assess the fit of the model. Comparing logit and probit: Take one of the data examples from Chapter 13 or 14. Fit these data using both logit and probit models. Check that the results are essentially the same after scaling by factor of 1.6 (see Figure 15.4).