Suppose you wish to explain the number of nights per week that individuals eat dinner at a restaurant,an appropriate model to estimate would be
A)Weighted Least Squares.
B)the negative binomial model.
C)OLS.
D)the probit.

Question

Quizplus · Accepted Answer

The negative binomial model is appropriate for count data such as the number of nights per week that individuals eat dinner at a restaurant. It allows for over-dispersion (variation in the data greater than what would be expected under a Poisson model) and accounts for the fact that the variance is not equal to the mean.

Suppose You Wish to Explain the Number of Nights Per