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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