Hello,
I have :
- balanced panel
- 1 continuous dependent variable Y
- 5 explanatory variables among which 2 are continuous and 3 are binary
- 5 control variables among which 4 are continuous and 1 is binary
which gives in totality 4 binary variables and 6 continuous
I have a problem of heteroscedasticity (so the Chow test of stability coefficients will reject H0) and no autocorrelation problem
My question is :
in this case i have to use a multiple regression ?
or
ANOVA to test the effect of the 4 binary variables on Y and ANCOVA to adjust the effect of the 6 continuous variebles on Y?
Thanks a lot
I have :
- balanced panel
- 1 continuous dependent variable Y
- 5 explanatory variables among which 2 are continuous and 3 are binary
- 5 control variables among which 4 are continuous and 1 is binary
which gives in totality 4 binary variables and 6 continuous
I have a problem of heteroscedasticity (so the Chow test of stability coefficients will reject H0) and no autocorrelation problem
My question is :
in this case i have to use a multiple regression ?
or
ANOVA to test the effect of the 4 binary variables on Y and ANCOVA to adjust the effect of the 6 continuous variebles on Y?
Thanks a lot
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