Thank you very much. I can finally finsih of the last of my results.

Just one last question. Would a negative odds ratio mean that a unit increase will lead to a decrease in the dependent variable my the amount of the odds ratio?

Hi Antonio, Thanks for your reply, I think I should be able to get the probabilities. I think I got confused when looking at the print out of my results from a computer package as I had learnt how to do this manually.Once again, many thanks

<t>I have estimated the following model using Logit Maximum Likelihood estimation:RG = -10.3445 -0.16151LPR + 1.3268LTR + utI'm not too sure on how to interpret this. Would it simply be that a one unit increase in LPR is likely to lead to a 0.16151 decrease (assign is negative) in RG and a one unit ...

<t>Thanks for your replies. Alan, they are statistically significant and so I guess the problem lies within the model itself. The bonus for period n is paid for and accounted for in period n so I don't think that is the problem. DCFC, Agency theory is what I have been looking at. The twist is that I...

<t>Greetings,I am currently looking at bonus payments made to FTSE 100 directors. Strangely I find that in a cross sectional OLS regression that bonus seems to be negatively related to profit before tax. It a strange finding that baffles me and I know that the mistake must be in the modelling proces...

Thanks for your reply KO. What you have said makes alot of sense and my approach has been the wrong one.

<t>Thanks for the reply. I am currently using simple models with just one explanatory variable. None of these have been statistically significant due while including an intercept term which is why I asked. Also there are some econometric models that do not use an intercept term so I was hoping that ...

<t>I am currently doing some work on annual reports and am planning on using the Logit method. I was wondering if someone could point me in the right direction. When running this in Microfit do I include an intercept term (set as 1) in the regression? If I use an intercept term then non of my models...