Purpose: In this paper, the authors try to develop a model for predicting insolvency of trading companies from Republic Srpska. The research seeks determine statistically most significant financial indicator in Methodology: data sample paper consists yearly 2017 2020 two hundred Binary logistic regression was used model. Results: As result research, created that successfully classifies 82.9% so...

This paper addresses the problem of inference for a multinomial regression model in the presence of likelihood monotonicity. This paper proposes translating the multinomial regression problem into a conditional logistic regression problem, using existing techniques to reduce this conditional logistic regression problem to one with fewer observations and fewer covariates, such that probabilities...