Case Study Estimation and Analysis

Introduction

In this section, I:
  1. show you how to estimate a model in JMP;
  2. describe the minimal OLS reports generated by JMP;
  3. discuss how to look at the estimation results to analyze the model and its implications.

OLS Estimation Setup

To estimate a model in JMP:
  1. Select the Analyze/Fit Model platform.
  2. Select the Standard Least Squares personality.
  3. Select the Minimal Report. Two other reports are provided that give more information: Effect Leverage and Effect Screening. My recommendation is to use the Minimal Report option. As always, you can control what appears in this report by using File/Preferences/Platforms/Fit Least Squares. I try to show the minimal amount at ...

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