t-distribution

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jolly
Posts: 18
Joined: Mon Jun 20, 2011 10:52 am

t-distribution

Postby jolly » Fri Sep 02, 2011 1:38 pm

I have to generate errors which are distributed as a Student t-distribution and I use function @rtdist(v). How I should choose value of degrees "v"?

startz
Non-normality and collinearity are NOT problems!
Posts: 3796
Joined: Wed Sep 17, 2008 2:25 pm

Re: t-distribution

Postby startz » Fri Sep 02, 2011 1:51 pm

That would depend on what you're trying to do...

jolly
Posts: 18
Joined: Mon Jun 20, 2011 10:52 am

Re: t-distribution

Postby jolly » Fri Sep 02, 2011 1:57 pm

I'm creating a regresion, and it's is said that errors e~t(v).and nothing about "v" ..

startz
Non-normality and collinearity are NOT problems!
Posts: 3796
Joined: Wed Sep 17, 2008 2:25 pm

Re: t-distribution

Postby startz » Fri Sep 02, 2011 2:04 pm

Then there's no way to know what value to use, other than it has to be positive. If the value is large, say 120+ you're essentially getting normal errors. Since whoever made up the assignment specified t-, they probably want a smallish integer.


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