random effect

[freddysurgery]

Hello everybody!

I have a big problem making a regression (Ordinary least squares). I am suppose to correct my independent company data with random effect of which i don't know what it exactly means. I think it is some sort of box that you can check and it then automatically corrects for some problems in the independent data. (e,g, same as newey west). Could anyone please help me as i am in desperate need for help. I am using version 6.0.

Thx a lot!