Reply With Quoterather than time per se, could you use time since increase? Or add a constant, say time + x? or apply a moving average?
Not my area of expertise sorry, but just a few ideas.
Phil
I have the average natural gas price for the past 8 years and the number of Rigs in Utah. My theroy when the natural gas price goes up the number of rigs will go up in 2 to 3 months. I think I can do a regression analysis but I have no idea how to account for the time lag? any idea
rather than time per se, could you use time since increase? Or add a constant, say time + x? or apply a moving average?
Not my area of expertise sorry, but just a few ideas.
Phil
Time series unfortunatelly, not regression
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