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mottle
2008 Feb 13
1
model construction
...s of flowers bought on various days
deltaP = a vector of the differences between the purchase price and the
posted price on those days
Two simple models might be:
mottle1 = lm( deltaP ~ amt )
or
mottle2 = lm( deltaP ~ amt - 1 )
But, I have the urge to set the model up as follows
mottle3 = lm( deltaP ~ amt - 1, weights = amt )
because I want the big purchases to weigh much more in the calculation of
the slope than the small purchases, but I have an uneasy feeling that this
amounts to double-dipping/counting. Can anyone explain to me if/why this is
a bad idea?
Thanks,
D...