Is there any difference between ordinal regression and multinomial logistic regression ? How the interpretation also differs?
yes there is a substantial difference. Ordinal is used if the DV has a natural ordering. See the attached notes. multinomial is for when the DV doesn't have such an ordering. see the link:
https://www.bing.com/search?q=multinomial+logistic+regression+in+r&form=PRUSEN&pc=BDT1&mkt=en-us&httpsmsn=1&refig=e3391e36bcec498b91a4360570316806&sp=5&qs=SC&pq=muultinomial+logistic+regression&sk=SC4&sc=8-32&cvid=e3391e36bcec498b91a4360570316806
Best, David Booth
Thanks for the clarification.
Nil
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