Ordered probit

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In statistics, ordered probit is a generalization of the popular probit analysis, used for ordinal multinomial dependent variables. Similarly, the popular logit method also has a counterpart ordered logit.

Example: In the medical area, the effect a drug may have on a patient may be modeled with ordered probit regression. Independent variables may include age, details from medical history such as does the patient suffer from high blood pressure, heart disease, etc. The dependent variable would be ranked from the following list: complete cure, relieve symptoms, no effect, deteriorate condition, death.