On 2 Mar 2003 04:42:49 -0800, David Reilly wrote: >....thanks for the help .... It is now clear to me that I should have >mentioned that the dummy variables reflect seasonal pointers ...for >example if quarterly data is being examined thus we have three dummy >variables viz. > >x1 = 1,0,0,1,0,0,0,1,0,0,0,1,.... >x2 = 0,1,0,0,1,0,0,0,1,0,0,0,.... >x3 = 0,0,1,0,0,1,0,0,0,1,0,0,....
in which case, your 3 coefficients are testing that quarter vs. the fourth quarter. By the way, your first year has only three quarters in it :-) -- Ken Butler Possibly at home somewhere in Kent, but possibly not. . . ================================================================= Instructions for joining and leaving this list, remarks about the problem of INAPPROPRIATE MESSAGES, and archives are available at: . http://jse.stat.ncsu.edu/ . =================================================================
