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Dummy Variable Help

Posted: Sat Oct 17, 2009 5:01 pm
by Wade1987
Help would be greatly appreciated as i am really struggling with Eviews.

i have a dummy variable called used_cars, where 0 represents a used car and 1 represents a new car. However i also have other varaibles called profit commission and interestp. I need to find the descriptive statistics for these variables in terms of both the used car propotion and the new car proportion? i have no idea how to do this and i am increasingly getting frustrated, help would be greatly appreciated !!

Re: Dummy Variable Help

Posted: Sat Oct 17, 2009 6:45 pm
by startz
Open the series. View/Descriptive Statistics/Statistics by classification

Re: Dummy Variable Help

Posted: Sat Oct 17, 2009 7:11 pm
by Wade1987
thankyou for your reply startz

but do you mean open the variable (such as profit, commission and interestp) and then classifying by used_cars?
or opening used_cars and classifying by the others?

Re: Dummy Variable Help

Posted: Sat Oct 17, 2009 9:01 pm
by startz
Give it a try. I think the display makes things pretty clear.