I have troubles finding an answer to my question, regarding a multinomial logistic regression model, with a single continuous predictor.
Let's say these are the absolute frequencies in the categories that I am predicting:
- Category A: 32
- Category B: 11
- Category C: 85
- Category D: 44
- Category E: 10
I ran a multinomial logistic regression with a single continuous predictor and Category C as the baseline. In the model "Category A vs. Category C", the ODDS-Ratio for my predictor was 1.20. A one point increase in the predictor increases the probability of preferring Category A over Category C by 20%.
Now that's nice! However, how do I calculate the "probability of preferring Category A over Category C"?
Intuitively, I would look at how many chose A instead of C, in the subgroup of people that either chose A or C. Something like this:
n(Category A) / ( n(Category A) + n(Category C) ) - That would be 27,4%.
However, I feel that I might do something wrong when I do not take into account that subjects had to choose between 5 categories. And I can not figure out how I would calculate the probability of choosing A over C in this set of 5 given options.