Calculates McFadden's pseudo R2.

r2_mcfadden(model, ...)

Arguments

model

Generalized linear or multinomial logit (mlogit) model.

...

Currently not used.

Value

For most models, a list with McFadden's R2 and adjusted McFadden's R2 value. For some models, only McFadden's R2 is available.

References

  • McFadden, D. (1987). Regression-based specification tests for the multinomial logit model. Journal of econometrics, 34(1-2), 63-82.

  • McFadden, D. (1973). Conditional logit analysis of qualitative choice behavior.

Examples

if (require("mlogit")) { data("Fishing", package = "mlogit") Fish <- mlogit.data(Fishing, varying = c(2:9), shape = "wide", choice = "mode") model <- mlogit(mode ~ price + catch, data = Fish) r2_mcfadden(model) }
#> Loading required package: mlogit
#> Loading required package: dfidx
#> #> Attaching package: ‘dfidx’
#> The following object is masked from ‘package:stats’: #> #> filter
#> McFadden's R2 #> 0.17823