Ordered logit model for purchase quantity
| Variables | Coefficient | z | P >|z| |
|---|---|---|---|
| Female | 0.43681 | 2.8000 | 0.0050** |
| Age | −0.02999 | −3.7000 | 0.0000*** |
| Bachelor’s degree | 0.29610 | 1.1900 | 0.2350 |
| Master or doctorate degree | 0.05633 | 0.2200 | 0.8300 |
| Income | 0.00002 | 5.9900 | 0.0000*** |
| Threshold parameters | |||
| Threshold 1 | −1.37471 | ||
| Threshold 2 | 0.07767 | ||
| Threshold 3 | 1.22516 | ||
| Threshold 4 | 2.64833 | ||
| Log likelihood | −865.16559 | ||
| McFadden pseudo ρ2 | 0.03030 | ||
| Variables | Coefficient | ||
|---|---|---|---|
| Female | 0.43681 | 2.8000 | 0.0050 |
| Age | −0.02999 | −3.7000 | 0.0000 |
| Bachelor’s degree | 0.29610 | 1.1900 | 0.2350 |
| Master or doctorate degree | 0.05633 | 0.2200 | 0.8300 |
| Income | 0.00002 | 5.9900 | 0.0000 |
| Threshold 1 | −1.37471 | ||
| Threshold 2 | 0.07767 | ||
| Threshold 3 | 1.22516 | ||
| Threshold 4 | 2.64833 | ||
Significant at the 1% (***), 5% (**) and 10% (*) levels
Base categories. Gender: male, education: high school or below
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