ApolloChoiceModelling forum

Dear all,

I ran Latent Class Analysis with covariates, the dependent and independent variables in the model are binary coded. Is it possible to calculate the marginal effects or elasticity of the parameters? I ran bootstrap estimation as well.
Thanks in advance for your help.

Hi

an elasticity relates to a percent change, so only applies for continuous explanatory variables. You could look at the predicted demand at the different levels of your categorical variables

Stephane