Determinants of the Market Outlet Choice of Bamboo Culms (Yushania alpine) Producers in Banja District, Western Ethiopia

Table 4

Overall fitness of the model, probabilities, and correlation matrix of alternative market outlets.

Variable	Wholesalers	Retailers	Processors	Local traders
Marginal probability	16.8	46.2	60.8	54.3
Joint prob (success)	2.5
Joint prob (failure)	2.2
Number of draws	5
Log-likelihood	−219.18
Wald (48)	102.52
Prob	0.000
	ρ1	ρ2	ρ3	ρ4
ρ1	1.00
ρ2	0.0793271	1.00
ρ3	−0.549	−0.174	1.00
ρ4	0.269	−0.388	−0.533	1.00
Log-likelihood ratio:	ρ21 = ρ11 =	ρ41 = ρ32 =	ρ42 = ρ43 = 0:	Chi2 (6) = 29.68; prob = 0.001

, , and indicate the statistical significance at 1%, 5%, and 10%.