On 6 Feb 2003 14:42:12 -0800, [EMAIL PROTECTED] (Laurent
Therond) wrote:

> [Question]
> How to apply the rules of correlation and linear regression to a data 
> set constituting a discrete time series?
> 
> In other words, given a data set such as the following:
> 
> 2002/1/1, 4500.63
> 2002/1/2, 10255.36
> 2002/1/8, 6530.63
> 2002/1/9, 5230.36
> ...

You can convert the dates to a sequence of day-numbers.  

It does not matter, statistically speaking, whether the
intervals between two dates are in days, hours, years, 
or (even) z-scores of the date-variable.   I don't think of
an excuse for using z-scores, but *they*  would contain
the same information.  ANOVAs  are indifferent to 
additive and multiplicative transformation, and that 
includes Ordinary Least Squares  regression

It appears that if you use "days" or "weeks" for the 
ones above, it will be easiest to read or back-translate 
the eventual effect size.

[ snip, some]

> If I have 2 time series resulting from the observation of a same 
> phenomenon, how should I build their respective regression line so 
> that I may compare them? (granted that scales of measurements could 
> be different and that dates at which those measurements are taken 
> could be different)
[ snip, rest] 

If, as you say, your interest is in description rather than
in testing, then you might settle for giving two curves
and some semblance of their errors-of-prediction.  
I have discovered on previous problems that the proper
advice is often highly dependent on a couple of things
that you don't mention -- Ns, and R-squared.  
Also,  what is your purpose?

What I just said about curves is more reasonable if the
auto-correlations are "low"  rather than "high".    
Are the first-order correlations on the order of  0.01?  
0.20?  0.50?  0.90?  0.99?
Are the Ns  on the order of 10?  100?  1000?

-- 
Rich Ulrich, [EMAIL PROTECTED]
http://www.pitt.edu/~wpilib/index.html
.
.
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