I am using a panel of 2249 schools with data from 2002-2008. Some of the schools are single sex schools whilst others are mixed sex.
Some background on my regression:
Consider the determinants of school performance (as measured by the percentage of pupils in the school who get 5...
I am working with a binary outcome model so yi takes the value 1 or 0. Xi is a vector of 8 explanatory variables and Beta (B) is a vector of 9 parameters (8 variables +intercept).
I am working with the probit model so F(X'B)=standard normal c.d.f.
Let y(hat)i be equal to...