Dear Community,
I am doing a Fractional Outcomes regression (Logit) for my thesis and can't find information on what assumptions the model makes. I suppose I would need to test those assumptions are met in my sample in order to be able to conduct the analysis. Furthermore, I wanted to know if there is any possibility of doing a robustness test on such a model.
Additionally, in a Fractional Outomes regression do my independent variables have to be between 0 and 1 as well?
Thank you very much,
Best,
Jan