Article Details

Model of Ordinal Regression with Flexible Parameters | Original Article

Karwanje Diwakar Prabhakarrao*, Rishikant Agnihotri, in Journal of Advances and Scholarly Researches in Allied Education | Multidisciplinary Academic Research

ABSTRACT:

Cluster randomization studies have become more common when traditional trials with individual random assignment are impractical for theoretical, ethical, or practical reasons. While there has been a lot of focus on developing methods for studying continuous or binary outcome data in clusters, the same cannot be said for ordinal data. Our empirical research is based on a database of s&p, moody's, and fitch ratings for U.S.-based corporations from 2016 to 2021. Because it was at that time frame that Fitch really started to make an impact in the American ratings industry, that's where our focus went. Credit rating sample size affects pairwise likelihood estimates: a multivariate approach The average root-mean-square errors (RMSEs) of the coefficients and the thresholds parameters are almost same across the several simulated data sets with different correlation structures.