I have a few questions about Ordered Logistic Regression Model (OLR). In general, how do I know if this is my model is good, and how do I enhance it?
Using this example from https://stats.idre.ucla.edu/r/dae/ordinal-logistic-regression/, if these are the outputs I am looking at:
## R OUTPUTS
## Call:
## polr(formula = apply ~ pared + public + gpa, data = dat, Hess = TRUE)
## Coefficients:
## Value Std. Error t value
## pared 1.0477 0.266 3.942
## public -0.0588 0.298 -0.197
## gpa 0.6159 0.261 2.363
##
## Intercepts:
## Value Std. Error t value
## unlikely|somewhat likely 2.204 0.780 2.827
## somewhat likely|very likely 4.299 0.804 5.345
##
## Residual Deviance: 717.02
## AIC: 727.02
## R INPUT
exp(cbind(OR = coef(m), ci))
## R OUTPUT
## OR 2.5 % 97.5 %
## pared 2.8511 1.6958 4.817
## public 0.9429 0.5209 1.681
## gpa 1.8514 1.1136 3.098
What can I do to enhance/improve my OLR model in R? What output values should I be focusing on?
Does improving my OLR model mean looking at my P values and coefficients and removing the ones that are not statistically significant?
I am stuck as I don't really know what to do after I run the model.
Thank you.