Model | Observed | Mean | Minimum | Maximum | MSE | MAE | |
Observed | 14 100 | 0.851 | −0.594 | 1.000 | |||
Model | OLS | 14 100 | 0.851 | 0.451 | 1.083 | 0.042 | 0.141 |
TOBIT | 14 100 | 0.853 | 0.342 | 0.991 | 0.041 | 0.147 | |
FLOGIT | 14 100 | 0.852 | 0.112 | 0.987 | 0.040 | 0.140 | |
2PM | 14 100 | 0.850 | 0.740 | 0.958 | 0.060 | 0.177 |
2PM, two-part models; FLOGIT, Fractional logit; MAE, mean absolute error; MSE, mean squared error; OLS, ordinary least squares.