Not infrequently, particularly in psychology/sociology where survey instruments are common, a question arises about whether a 5- or 7-point Likert-scale variable can serve as a dependent variable in a regression specification. As this listserv discussion illustrates (here), one response is that such a question is no longer necessary with the ordered probit/logit command ('oprobit' and 'ologit'), assuming certain assumptions hold (namely, that the various options rank order coherently).
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