[Gretl-users] Graph two densities together and Constant in Log Likelihood

Riccardo (Jack) Lucchetti r.lucchetti at univpm.it
Wed Jul 10 03:05:57 EDT 2013


On Wed, 10 Jul 2013, Alecos Papadopoulos wrote:

> Just a note that
> in model 2 (that is virtually identical to model 1 as regards to
> estimates and final gradient values), the value of the logl appears
> positive.

Since you add a positive constant to each observation, why would that be 
surprising?

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   Riccardo (Jack) Lucchetti
   Dipartimento di Scienze Economiche e Sociali (DiSES)

   Università Politecnica delle Marche
   (formerly known as Università di Ancona)

   r.lucchetti at univpm.it
   http://www2.econ.univpm.it/servizi/hpp/lucchetti
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