Interpreting AR(1) Coefficient in OLS Result
Posted: Thu Jul 04, 2013 10:21 am
Hi Everyone,
I estimated an OLS equation and it turns out my model has positive autocorrelation problem so i add AR(1) to the equation and the autocorrelation problem is solved but am finding it difficult to interpret the AR(1) coefficient and its associated probability. Kindly assist with an answer soon, Thanks. I attach the result here for you to access.
I estimated an OLS equation and it turns out my model has positive autocorrelation problem so i add AR(1) to the equation and the autocorrelation problem is solved but am finding it difficult to interpret the AR(1) coefficient and its associated probability. Kindly assist with an answer soon, Thanks. I attach the result here for you to access.