(1) Estimate p with this formula -(2) Run GLS and obtain the new e s |

ABSTRACT

Assume p = -1. Run GLS. Assume p = -.9. Run GLS. Assume p = -.8. Run GLS. Assume p = +.9. Run GLS. Assume p = +1. Run GLS. Of all these GLS regressions, use the one that has the best fît according to the R2 or SER.