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Table 4 Overall fitness, probabilities, and correlation matrix of the market outlets from the MVP model

From: Determinants of honey producer market outlet choice in Chena District, southern Ethiopia: a multivariate probit regression analysis

Variable

Retailer

Cooperative

Collector

Consumer

Predicted probability

0.6703

0.7447

0.6072

0.46791

Joint probability (success)

0.1096

Joint probability (failure)

0.000054

Estimated correlation matrix

 

ρ 1

ρ 2

ρ 3

ρ 4

 ρ 1

1

   

 ρ 2

− 0.243(0.189)

   

 ρ 3

− 0.19(0.176)

− 0.269* (0.162)

  

 ρ 4

− 0.38***(0.133)

− 0.52***(0.14)

− 0.11(0.155)

1

Likelihood ratio test of: ρ 21 = ρ 31 = ρ 41 = ρ 32 = ρ 42 = ρ 43 = 0:

χ 2 (6) = 33.52

Prob > χ 2 = 0.0000***

 Number of draws (#)

15

 Number of observations

154

 Log likelihood

− 264.77

 Wald (χ 2(48))

113.61

 Prob > χ 2

0.0000***

  1. Note: * and *** significant at 10 and 1% respectively