What's the best estimation option?
Posted: Fri Nov 11, 2022 9:07 pm
Hi All,
I need to run a regression where the dependent variable is a rating number (simply 1 to 5) and independent variables are 4 ratios which when we add them all they will always be equal to 1.
Attached is a snapshot of the data and I would be grateful if you could help me picking the right estimation method and also if I need to take account for any statistical/econometric issues?
Cheers,
Siroos
I need to run a regression where the dependent variable is a rating number (simply 1 to 5) and independent variables are 4 ratios which when we add them all they will always be equal to 1.
Attached is a snapshot of the data and I would be grateful if you could help me picking the right estimation method and also if I need to take account for any statistical/econometric issues?
Cheers,
Siroos
- Screenshot_20221112_145218_Chrome.jpg (459.22 KiB) Viewed 48866 times