I have a data set of people switching brands.
Say #people switching from Brand A to Brand B, C or D.
My data looks like this
Week | Brand | %Switchers | Price
Week 1 | Brand B | 10% | 10
Week 1 | Brand C | 50% | 8
Week 1 | Brand D | 40% | 9
I have such data for 104 weeks. Note that sum of switcher to Brand B & C & D will always sum to 100. I want to model the influence of Brand
& Price
on switching behavior.
Since this is a proportion data, I am applying beta regression model on to it. My equation is
betareg(%Switchers ~ Brand + Price)
The model coefficients are significant & model fit is decent. However, the while I predict switching behavior across brands I am finding that sum(%Switchers)
along Brand B
Brand C
Brand D
are beyond 100% (which doesn't make logical sense).
While I can see where this is coming from (the model doesn't know that sum(%Switchers)
is 100%
in a given week), I am stumped as to how to interpret such scenarios? Also, is there some other model with will allow me to model proportions and limit their sum to 100%
in a given week.
Edit: My problem is not that some proportions
are zero
or one
. It is that sum of proportions
in a given week are 1
. Hence, IMHO, zero-one inflated beta regression
doesn't particularly help.
Edit: I don't know why it is marked duplicate of another question. I am specifically mentioning that the linked questions doesn't help answers my key question viz What if switching probaility across brands come out to be greater than 100%