File racd5p2.out is output from Gauss program racd5p2.gau Date is: 1998.0000 8.0000000 3.0000000 7107776.0 ------------------------------------------------------------------------------- Variable Mean Std Dev Variance Minimum Maximum Valid Missing ------------------------------------------------------------------------------- DOCNO 82174.4127 2251.78345070528.564378001.000085059.0000 126 0 WEEKS 11.4490 7.7114 59.4661 2.8570 41.4290 126 0 NUMBIDS 1.7381 1.4321 2.0509 0.0000 10.0000 126 0 TAKEOVER 1.0000 0.0000 0.0000 1.0000 1.0000 126 0 BIDPREM 1.3468 0.1893 0.0358 0.9427 2.0664 126 0 INSTHOLD 0.2518 0.1856 0.0345 0.0000 0.9040 126 0 SIZE 1.2190 3.0966 9.5891 0.0177 22.1690 126 0 LEGLREST 0.4286 0.4968 0.2469 0.0000 1.0000 126 0 REALREST 0.1825 0.3878 0.1504 0.0000 1.0000 126 0 FINREST 0.1032 0.3054 0.0933 0.0000 1.0000 126 0 REGULATN 0.2698 0.4456 0.1986 0.0000 1.0000 126 0 WHTKNGHT 0.5952 0.4928 0.2429 0.0000 1.0000 126 0 SIZESQ 10.9990 59.9148 3589.7823 0.0003 491.4646 126 0 CONSTANT 1.0000 0.0000 0.0000 1.0000 1.0000 126 0 Cameron & Trivedi REGRESSION ANALYSIS OF COUNT DATA Table 5.3 p.148 Poisson PML regression Standard errors and t-statistics assume NB1 variance function NUMBIDS is the dependent variable Variable Poisson PMLE Standard errors t-statistics CONSTANT 0.98605984 0.46127582 2.1376794 LEGLREST 0.26014636 0.13042009 1.99468 REALREST -0.19565972 0.16642183 -1.1756854 FINREST 0.074030056 0.18706232 0.39575077 WHTKNGHT 0.48138217 0.13725425 3.5072296 BIDPREM -0.67769583 0.32547898 -2.0821493 INSTHOLD -0.36199125 0.36659569 -0.98744 SIZE 0.17850259 0.051855594 3.4423015 SIZESQ -0.0075693495 0.0026969626 -2.8066202 REGULATN -0.029439197 0.13872152 -0.21221796