Dear all,
I am trying to predict frailty correlated defaults on consumer loans using survival analysis is STATA. I have used the frailty model, for example as follows: streg LoanTerm Installment ib(1).AgegroupF ib(1).IncomeCat ib(1).GenderF DTI, dist(weibull) frailty(gamma) nolog
after this i try to use the command : estat concordance and i get an error message as follows: estat concordance not valid. Where am i making a mistake.
secondly, i see others using the area under the roc curve based predicted outcome. may i know how this predicted outcomes are being obtained. If i use predict hr, i get the predicted hazard rate which is not the predict ed event. Could this be the one being used?