This document provides step-by-step instructions for creating an EViews workfile, inputting data from an Excel sheet, running descriptive statistics and correlation analyses on the data, and estimating equations using least squares regression. The key steps are to create a new EViews workfile, import variables from Excel one by one, run group statistics for descriptive stats and correlations, and then estimate equations specifying dependent and independent variables with spaces in between.
This document provides step-by-step instructions for creating an EViews workfile, inputting data from an Excel sheet, running descriptive statistics and correlation analyses on the data, and estimating equations using least squares regression. The key steps are to create a new EViews workfile, import variables from Excel one by one, run group statistics for descriptive stats and correlations, and then estimate equations specifying dependent and independent variables with spaces in between.
This document provides step-by-step instructions for creating an EViews workfile, inputting data from an Excel sheet, running descriptive statistics and correlation analyses on the data, and estimating equations using least squares regression. The key steps are to create a new EViews workfile, import variables from Excel one by one, run group statistics for descriptive stats and correlations, and then estimate equations specifying dependent and independent variables with spaces in between.
CLICK EVIEWS 8 AND THE FIRST SCREEN LOOKS LIKE THE ONE BELOW
CLICK CREATE A NEW EVIEWS WORKFILE AS SHOWN IN
THE ABOVE SCREEN TO GET STARTED OFF WHEN YOU DO THAT THE SCREEN APPEARS LIKE BELOW
CLICK ON THE DATED BUTTON. A DROP DOWN BOX APPEARS.
CHOOSE BALANCED PANEL
IN FREQUENCY KEEP ANNUAL.
START DATE: THE START YEAR FOR YOUR DATA
END DATE: THE END YEAR FOR YOUR DATA. REFER TO THE SCREEN SHOT BELOW.
IN NUMBER OF CROSSECTIONS: PUT NUMBER OF COMPANIES YOU
CHOSE, IF YOU CHOSE 5 THEN WROTE 5.
THEN CLICK OK BUTTON TO GET STARTED. THE SCREEN CHANGES TO A
NEW SCREEN SHOWN IN THE NEXT PAGE. NOW RIGHT CLICK ON THE SCREEN AND CHOOSE NEW OBJECT AS SHOWN BELOW.
WHEN YOU CLICK NEW OBJECT THE SCREEN
CHANGES TO THE FOLLOWING SCREEN AS SHOWN IN THE NEXT PAGE CHOOSE SERIES IN “TYPE OF OBJECT”. IN NAME OF OBJECT: WRITE THE NAME OF THE VARIABLE AS YOU DID IN YOUR EXCEL SHEET.
REFER TO THE SCREEN BELOW.
CLICK OK. THE SCREEN CHANGES TO THE FOLLOWING SCREEN.
CLICK ON ROI. THE SCREEN OPENS AS BELOW. NOW CLICK ON EDIT AND CHOOSE THE ROI CLUMN FROM YOUR EXCEL SHEET AND COPY THE SAME IN THE EVIEWS SCREEN. IT WILL LOOK LIKE BELOW.
NOW CLOSE THE SCREEN AND REPEAT THE SAME FOR ALL VARIABLES. ONCE YOU HAVE ALL VARIABLES LETS SAY IN THIS ROI, WC AND TA_TL
CLICK ON QUICK, CHOOSE GROUP STATISTICS> DESCRIPTIVE STATICS>
COMMON SAMPLE AS SHOWN IN THE SCREEN BELOW NOW CLICK ON COMMON SAMPLE AND SCREEN CHANGES TO FOLLOWING. IN THE TEXT BOX WITHOUT ANY COMMA OR ANYTHING ONLY GIVING SPACE WRITE OF NAMES OF YOUR VARIABLES AS HOWN IN BELOW SCREEN.
NOW CLICK OK AND THE SCREEN CHANGES TO THE FOLLOWING
SCREEN DISPLAYING RESULTS A SHOWN IN THE NEXT PAGE NOW WHEN YOU CLOSE THE FILE NAME AND SAVE IT.
REPEAT THE SAME PROCESS BY GOING TO QUICK>GROUP STATISTICS>
CORRELATIONS AND SAVE THE DATA. NOW CLICK QUICK AND CHOOSE ESTIMATE EQUATION AS SHOWN BELOW THE SCREEN APPEARS AS FOLLOWING
WRITE THE VARIABLES IN ORDER OF DEPENDENT ,
CONSTANT “C”, FOLLOWED BY INDEPENDENT WITH ONLY SPACE IN BETWEEN THEM AS SHOWN IN THE SCREEN NEXT PAGE KEEP THE METHOD AS LS= LEAST SQUARES AND CLICK OK THE SCREEN APPEARS WITH RESULTS AS SHOWN BELOW. SAVE THE FILE.