Eugenio, As a follow-up to our meeting yesterday, a series of evaluations was conducted on the housing starts data to insure that the time series response variable was stationary (recall our brief discussion of results based on non-stationary time series). Dickey-Fuller and Augmented Dickey-Fuller (accounting for autocorrelation in the error term) unit root tests were used in the evaluation process. Given the limited number of observations for certain potentially important explanatory variables (e.g., %population change, etc. ), we tested the housing starts variable over 3 historical periods. The results are provided below: Period 1: 1959 through 2001 (obs=503) TEST TEST STATISTIC CRITICAL VALUE (p=0.05) DF -6.712 -1.95
Answer: Housing Data and Stationarity
We have another new addition to the Portland West Desk: Mike Mier has recently joined the Real Time Trading Group. Prior to working at Enron, Mike worked as a Financial Consultant at Merrill Lynch Private Client Group. He is a '99 graduate of the University of Oregon, where he majored in Economics and minored in Business Administration. Please join us in welcoming Mike to our Portland office!! !
Answer: Welcome New Hire: Mike Mier
You will probably get an invitation to the wedding. The date is Sat, July 29th, in Mangum, OK. at 3:00pm in the afternoon. I'll expect to see you.
Answer: Chad
Here are some suggestions for the op-ed piece. One general comment: It may be a bit lengthy at this point. Also, have we decided whether it would be our op-ed piece? And one key point that is very commercially sensitive: The term "end the rate freeze" has very ominous implications for EES's book, depending on the timing of any such "end" in California. Thus my heavy-handed edits on that portion. Nice job, Jeannie. Best,
Answer:
edits to the op-ed