Make Resid Command Unable to Select standardized Resid

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diggetybo
Posts: 152
Joined: Mon Jun 23, 2014 12:04 am

Make Resid Command Unable to Select standardized Resid

Postby diggetybo » Thu Oct 19, 2017 8:05 pm

When I click on the desired equation object and navigate to:

proc --> make residual series -->

I only see 1 option: "ordinary". "standardized" and "generalized" are greyed out. Is there something I can try troubleshooting to figure out why it is greyed out?

I also tried using the command:

Code: Select all

eq01.makeresid(s) standardized_resid


However when I examined the series using:

Code: Select all

@mean(standardized_resid)
@var(standardized_resid)


I found that neither returned what one would expect for a standardized residual series. I suppose the make resid command ignored my "s" argument and defaulted to ordinary residuals.

Here is some specific information:

Eviews Version: 9
estimator: least squares

EViews Gareth
Fe ddaethom, fe welon, fe amcangyfrifon
Posts: 11846
Joined: Tue Sep 16, 2008 5:38 pm

Re: Make Resid Command Unable to Select standardized Resid

Postby EViews Gareth » Thu Oct 19, 2017 8:16 pm

Least squares doesn’t offer anything other than ordinary
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diggetybo
Posts: 152
Joined: Mon Jun 23, 2014 12:04 am

Re: Make Resid Command Unable to Select standardized Resid

Postby diggetybo » Thu Oct 19, 2017 8:24 pm

I see, thanks for letting me know, I wasn't sure if it was a bug or something to that effect. I suppose we can always generate standardized residuals manually.

But I'm just curious, why doesn't LS support standardized? If we wanted to run some residual diagnostics, wouldn't we need standardized residuals for any given estimator (ls, 2sls, arma)?


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