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st: Non negative dependent variable
From
Laurie Molina <[email protected]>
To
[email protected]
Subject
st: Non negative dependent variable
Date
Fri, 20 Aug 2010 15:42:25 -0500
Dear statlisters,
I am triying to imput rental prices for houses to a sample using some
characteristics of the construction which are shared between my data
and the data in another database in which rental prices declared.
When i use OLS i get negative fitted values both in the original
database as in my database, and i don't want it to happen because i am
doing the regresion for predictive purpouses.
I have to question i hope you could help me with:
1. How can ensure that the predicted values will be non negative?
2. Should i use all the possible variables in my regression or only
the ones that are statistically significant? (I ahve a predictive, not
explanatory purpose).
Thank you very much in advance.
Laurie
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