Work-in-Progress Results
OLS of bid by mid and range (veteran winners) including bankrupt 10:34 Thursday, October 7, 1999 1
GRPSIZE=1 SIGSIZE=1 MARKET=3
General Linear Models Procedure
Number of observations in by group = 60
OLS of bid by mid and range (veteran winners) including bankrupt 10:34 Thursday, October 7, 1999 2
GRPSIZE=1 SIGSIZE=1 MARKET=3
General Linear Models Procedure
Dependent Variable: BID_Y
Source DF Sum of Squares Mean Square F Value Pr > F
Model 1 2074126902.29134000 2074126902.29134000 7969.90 0.0001
Error 58 15094203.44199090 260244.88693088
Corrected Total 59 2089221105.73333000
R-Square C.V. Root MSE BID_Y Mean
0.992775 3.548584 510.14202623 14375.93333333
Source DF Type I SS Mean Square F Value Pr > F
MID 1 2074126902.29134000 2074126902.29134000 7969.90 0.0001
Source DF Type III SS Mean Square F Value Pr > F
MID 1 2074126902.29134000 2074126902.29134000 7969.90 0.0001
T for H0: Pr > |T| Std Error of
Parameter Estimate Parameter=0 Estimate
INTERCEPT -733.4889310 -4.04 0.0002 181.6094821
MID 0.9979584 89.27 0.0001 0.0111786
OLS of bid by mid and range (veteran winners) including bankrupt 10:34 Thursday, October 7, 1999 3
GRPSIZE=1 SIGSIZE=1 MARKET=7
General Linear Models Procedure
Number of observations in by group = 60
OLS of bid by mid and range (veteran winners) including bankrupt 10:34 Thursday, October 7, 1999 4
GRPSIZE=1 SIGSIZE=1 MARKET=7
General Linear Models Procedure
Dependent Variable: BID_Y
Source DF Sum of Squares Mean Square F Value Pr > F
Model 1 1753935431.20486000 1753935431.20486000 1489.60 0.0001
Error 58 68292210.12847270 1177451.89876677
Corrected Total 59 1822227641.33333000
R-Square C.V. Root MSE BID_Y Mean
0.962523 7.248689 1085.10455661 14969.66666667
Source DF Type I SS Mean Square F Value Pr > F
MID 1 1753935431.20486000 1753935431.20486000 1489.60 0.0001
Source DF Type III SS Mean Square F Value Pr > F
MID 1 1753935431.20486000 1753935431.20486000 1489.60 0.0001
T for H0: Pr > |T| Std Error of
Parameter Estimate Parameter=0 Estimate
INTERCEPT 507.8350088 1.27 0.2093 400.0339113
MID 0.9326153 38.60 0.0001 0.0241639
OLS of bid by mid and range (veteran winners) including bankrupt 10:34 Thursday, October 7, 1999 5
GRPSIZE=1 SIGSIZE=5 MARKET=3
General Linear Models Procedure
Number of observations in by group = 60
OLS of bid by mid and range (veteran winners) including bankrupt 10:34 Thursday, October 7, 1999 6
GRPSIZE=1 SIGSIZE=5 MARKET=3
General Linear Models Procedure
Dependent Variable: BID_Y
Source DF Sum of Squares Mean Square F Value Pr > F
Model 1 1963656072.11352000 1963656072.11352000 2008.94 0.0001
Error 58 56692532.73648020 977457.46097380
Corrected Total 59 2020348604.85000000
R-Square C.V. Root MSE BID_Y Mean
0.971939 6.869327 988.66448352 14392.45000000
Source DF Type I SS Mean Square F Value Pr > F
MID 1 1963656072.11352000 1963656072.11352000 2008.94 0.0001
Source DF Type III SS Mean Square F Value Pr > F
MID 1 1963656072.11352000 1963656072.11352000 2008.94 0.0001
T for H0: Pr > |T| Std Error of
Parameter Estimate Parameter=0 Estimate
INTERCEPT 392.6815407 1.16 0.2493 337.4188596
MID 0.9453203 44.82 0.0001 0.0210909
OLS of bid by mid and range (veteran winners) including bankrupt 10:34 Thursday, October 7, 1999 7
GRPSIZE=1 SIGSIZE=5 MARKET=7
General Linear Models Procedure
Number of observations in by group = 115
OLS of bid by mid and range (veteran winners) including bankrupt 10:34 Thursday, October 7, 1999 8
GRPSIZE=1 SIGSIZE=5 MARKET=7
General Linear Models Procedure
Dependent Variable: BID_Y
Source DF Sum of Squares Mean Square F Value Pr > F
Model 1 3708429464.29524000 3708429464.29524000 4238.54 0.0001
Error 113 98867183.65258550 874930.82878394
Corrected Total 114 3807296647.94782000
R-Square C.V. Root MSE BID_Y Mean
0.974032 6.433886 935.37737239 14538.29565217
Source DF Type I SS Mean Square F Value Pr > F
MID 1 3708429464.29524000 3708429464.29524000 4238.54 0.0001
Source DF Type III SS Mean Square F Value Pr > F
MID 1 3708429464.29524000 3708429464.29524000 4238.54 0.0001
T for H0: Pr > |T| Std Error of
Parameter Estimate Parameter=0 Estimate
INTERCEPT 320.2337305 1.36 0.1760 235.1641485
MID 0.9587820 65.10 0.0001 0.0147269
OLS of bid by mid and range (veteran winners) including bankrupt 10:34 Thursday, October 7, 1999 9
GRPSIZE=5 SIGSIZE=1 MARKET=3
General Linear Models Procedure
Number of observations in by group = 90
OLS of bid by mid and range (veteran winners) including bankrupt 10:34 Thursday, October 7, 1999 10
GRPSIZE=5 SIGSIZE=1 MARKET=3
General Linear Models Procedure
Dependent Variable: BID_Y
Source DF Sum of Squares Mean Square F Value Pr > F
Model 1 3081063185.65433000 3081063185.65433000 16851.76 0.0001
Error 88 16089329.50121680 182833.28978655
Corrected Total 89 3097152515.15555000
R-Square C.V. Root MSE BID_Y Mean
0.994805 3.022773 427.59009552 14145.62222222
Source DF Type I SS Mean Square F Value Pr > F
MID 1 3081063185.65433000 3081063185.65433000 16851.76 0.0001
Source DF Type III SS Mean Square F Value Pr > F
MID 1 3081063185.65433000 3081063185.65433000 16851.76 0.0001
T for H0: Pr > |T| Std Error of
Parameter Estimate Parameter=0 Estimate
INTERCEPT -757.0807493 -6.14 0.0001 123.3310620
MID 0.9826563 129.81 0.0001 0.0075697
OLS of bid by mid and range (veteran winners) including bankrupt 10:34 Thursday, October 7, 1999 11
GRPSIZE=5 SIGSIZE=1 MARKET=7
General Linear Models Procedure
Number of observations in by group = 60
OLS of bid by mid and range (veteran winners) including bankrupt 10:34 Thursday, October 7, 1999 12
GRPSIZE=5 SIGSIZE=1 MARKET=7
General Linear Models Procedure
Dependent Variable: BID_Y
Source DF Sum of Squares Mean Square F Value Pr > F
Model 1 1921517137.87294000 1921517137.87294000 3221.69 0.0001
Error 58 34593068.71039150 596432.21914468
Corrected Total 59 1956110206.58333000
R-Square C.V. Root MSE BID_Y Mean
0.982315 5.328559 772.29024281 14493.41666667
Source DF Type I SS Mean Square F Value Pr > F
MID 1 1921517137.87294000 1921517137.87294000 3221.69 0.0001
Source DF Type III SS Mean Square F Value Pr > F
MID 1 1921517137.87294000 1921517137.87294000 3221.69 0.0001
T for H0: Pr > |T| Std Error of
Parameter Estimate Parameter=0 Estimate
INTERCEPT -931.8127089 -3.22 0.0021 289.4746444
MID 0.9970297 56.76 0.0001 0.0175657
OLS of bid by mid and range (veteran winners) including bankrupt 10:34 Thursday, October 7, 1999 13
GRPSIZE=5 SIGSIZE=5 MARKET=3
General Linear Models Procedure
Number of observations in by group = 90
OLS of bid by mid and range (veteran winners) including bankrupt 10:34 Thursday, October 7, 1999 14
GRPSIZE=5 SIGSIZE=5 MARKET=3
General Linear Models Procedure
Dependent Variable: BID_Y
Source DF Sum of Squares Mean Square F Value Pr > F
Model 1 2897226242.66920000 2897226242.66920000 2372.66 0.0001
Error 88 107455712.45302000 1221087.64151159
Corrected Total 89 3004681955.12222000
R-Square C.V. Root MSE BID_Y Mean
0.964237 7.671541 1105.02834421 14404.25555556
Source DF Type I SS Mean Square F Value Pr > F
MID 1 2897226242.66920000 2897226242.66920000 2372.66 0.0001
Source DF Type III SS Mean Square F Value Pr > F
MID 1 2897226242.66920000 2897226242.66920000 2372.66 0.0001
T for H0: Pr > |T| Std Error of
Parameter Estimate Parameter=0 Estimate
INTERCEPT 461.2177680 1.49 0.1392 309.0379991
MID 0.9520819 48.71 0.0001 0.0195459
OLS of bid by mid and range (veteran winners) including bankrupt 10:34 Thursday, October 7, 1999 15
GRPSIZE=5 SIGSIZE=5 MARKET=7
General Linear Models Procedure
Number of observations in by group = 60
OLS of bid by mid and range (veteran winners) including bankrupt 10:34 Thursday, October 7, 1999 16
GRPSIZE=5 SIGSIZE=5 MARKET=7
General Linear Models Procedure
Dependent Variable: BID_Y
Source DF Sum of Squares Mean Square F Value Pr > F
Model 1 1975247436.88720000 1975247436.88720000 2245.11 0.0001
Error 58 51028456.09613350 879800.96717472
Corrected Total 59 2026275892.98333000
R-Square C.V. Root MSE BID_Y Mean
0.974817 6.443338 937.97706111 14557.31666667
Source DF Type I SS Mean Square F Value Pr > F
MID 1 1975247436.88720000 1975247436.88720000 2245.11 0.0001
Source DF Type III SS Mean Square F Value Pr > F
MID 1 1975247436.88720000 1975247436.88720000 2245.11 0.0001
T for H0: Pr > |T| Std Error of
Parameter Estimate Parameter=0 Estimate
INTERCEPT 603.8955598 1.90 0.0629 318.4091081
MID 0.9549256 47.38 0.0001 0.0201535
Restricted regression of bid_y = mid (veteran winners) including bankrupt 17
10:34 Thursday, October 7, 1999
GRPSIZE=1
Model: MODEL1
NOTE: No intercept in model. R-square is redefined.
Dependent Variable: Y
Analysis of Variance
Sum of Mean
Source DF Squares Square F Value Prob>F
Model 1 35058441.6 35058441.6 136.957 0.0001
Error 59 15102884.4 255981.09153
U Total 60 50161326
Root MSE 505.94574 R-square 0.6989
Dep Mean -764.40000 Adj R-sq 0.6938
C.V. -66.18861
Parameter Estimates
Parameter Standard T for H0:
Variable DF Estimate Error Parameter=0 Prob > |T|
Z 1 -764.400000 65.31731413 -11.703 0.0001
Restricted regression of bid_y = mid (veteran winners) including bankrupt 18
10:34 Thursday, October 7, 1999
GRPSIZE=5
Model: MODEL1
NOTE: No intercept in model. R-square is redefined.
Dependent Variable: Y
Analysis of Variance
Sum of Mean
Source DF Squares Square F Value Prob>F
Model 1 93656401.111 93656401.111 488.906 0.0001
Error 89 17049132.889 191563.29089
U Total 90 110705534
Root MSE 437.67944 R-square 0.8460
Dep Mean -1020.11111 Adj R-sq 0.8443
C.V. -42.90508
Parameter Estimates
Parameter Standard T for H0:
Variable DF Estimate Error Parameter=0 Prob > |T|
Z 1 -1020.111111 46.13546369 -22.111 0.0001
Restricted regression of bid_y = mid (veteran winners) including bankrupt 19
10:34 Thursday, October 7, 1999
GRPSIZE=1
Model: MODEL1
NOTE: Restrictions have been applied to parameter estimates.
NOTE: Restrictions on intercept. R-square is redefined.
Dependent Variable: BID_Y
Analysis of Variance
Sum of Mean
Source DF Squares Square F Value Prob>F
Model 0 15150584081 . . .
Error 60 117098767 1951646.1167
U Total 60 15267682848
Root MSE 1397.01328 R-square 0.9923
Dep Mean 14969.66667 Adj R-sq 0.9923
C.V. 9.33229
Parameter Estimates
Parameter Standard T for H0:
Variable DF Estimate Error Parameter=0 Prob > |T|
INTERCEP 1 -1350.000000 0.00000000 . .
MID 1 1.000000 0.00000000 . .
RESTRICT -1 620457164 179145402.22 3.463 0.0010
RESTRICT -1 48775 10821.218369 4.507 0.0001
Restricted regression of bid_y = mid (veteran winners) including bankrupt 20
10:34 Thursday, October 7, 1999
GRPSIZE=5
Model: MODEL1
NOTE: Restrictions have been applied to parameter estimates.
NOTE: Restrictions on intercept. R-square is redefined.
Dependent Variable: BID_Y
Analysis of Variance
Sum of Mean
Source DF Squares Square F Value Prob>F
Model 0 14516734225 . . .
Error 60 42923582 715393.03333
U Total 60 14559657807
Root MSE 845.80910 R-square 0.9971
Dep Mean 14493.41667 Adj R-sq 0.9971
C.V. 5.83582
Parameter Estimates
Parameter Standard T for H0:
Variable DF Estimate Error Parameter=0 Prob > |T|
INTERCEP 1 -1350.000000 0.00000000 . .
MID 1 1.000000 0.00000000 . .
RESTRICT -1 339791881 107967238.27 3.147 0.0026
RESTRICT -1 22334 6551.6091153 3.409 0.0012
Restricted regression of bid_y = mid (veteran winners) including bankrupt 21
10:34 Thursday, October 7, 1999
GRPSIZE=1
Model: MODEL1
NOTE: Restrictions have been applied to parameter estimates.
NOTE: Restrictions on intercept. R-square is redefined.
Dependent Variable: BID_Y
Analysis of Variance
Sum of Mean
Source DF Squares Square F Value Prob>F
Model 0 14385156101 . . .
Error 60 63749524 1062492.0667
U Total 60 14448905625
Root MSE 1030.77256 R-square 0.9956
Dep Mean 14392.45000 Adj R-sq 0.9956
C.V. 7.16190
Parameter Estimates
Parameter Standard T for H0:
Variable DF Estimate Error Parameter=0 Prob > |T|
INTERCEP 1 -327.000000 0.00000000 . .
MID 1 1.000000 0.00000000 . .
RESTRICT -1 -200213105 127735794.99 -1.567 0.1223
RESTRICT -1 -5406.000000 7984.3299030 -0.677 0.5010
Restricted regression of bid_y = mid (veteran winners) including bankrupt 22
10:34 Thursday, October 7, 1999
GRPSIZE=5
Model: MODEL1
NOTE: Restrictions have been applied to parameter estimates.
NOTE: Restrictions on intercept. R-square is redefined.
Dependent Variable: BID_Y
Analysis of Variance
Sum of Mean
Source DF Squares Square F Value Prob>F
Model 0 21562646441 . . .
Error 90 115467544 1282972.7111
U Total 90 21678113985
Root MSE 1132.68385 R-square 0.9947
Dep Mean 14404.25556 Adj R-sq 0.9947
C.V. 7.86354
Parameter Estimates
Parameter Standard T for H0:
Variable DF Estimate Error Parameter=0 Prob > |T|
INTERCEP 1 -327.000000 0.00000000 . .
MID 1 1.000000 0.00000000 . .
RESTRICT -1 -39190184 169896857.44 -0.231 0.8181
RESTRICT -1 7782.000000 10745.582534 0.724 0.4708
Restricted regression of bid_y = mid (veteran winners) including bankrupt 23
10:34 Thursday, October 7, 1999
GRPSIZE=1
Model: MODEL1
NOTE: Restrictions have been applied to parameter estimates.
NOTE: Restrictions on intercept. R-square is redefined.
Dependent Variable: BID_Y
Analysis of Variance
Sum of Mean
Source DF Squares Square F Value Prob>F
Model 0 28001363798 . . .
Error 115 112567504 978847.86087
U Total 115 28113931302
Root MSE 989.36740 R-square 0.9960
Dep Mean 14538.29565 Adj R-sq 0.9960
C.V. 6.80525
Parameter Estimates
Parameter Standard T for H0:
Variable DF Estimate Error Parameter=0 Prob > |T|
INTERCEP 1 -535.000000 0.00000000 . .
MID 1 1.000000 0.00000000 . .
RESTRICT -1 249831169 169420479.01 1.475 0.1430
RESTRICT -1 28060 10609.783410 2.645 0.0093
Restricted regression of bid_y = mid (veteran winners) including bankrupt 24
10:34 Thursday, October 7, 1999
GRPSIZE=5
Model: MODEL1
NOTE: Restrictions have been applied to parameter estimates.
NOTE: Restrictions on intercept. R-square is redefined.
Dependent Variable: BID_Y
Analysis of Variance
Sum of Mean
Source DF Squares Square F Value Prob>F
Model 0 14671935283 . . .
Error 60 69268722 1154478.7
U Total 60 14741204005
Root MSE 1074.46670 R-square 0.9953
Dep Mean 14557.31667 Adj R-sq 0.9953
C.V. 7.38094
Parameter Estimates
Parameter Standard T for H0:
Variable DF Estimate Error Parameter=0 Prob > |T|
INTERCEP 1 -535.000000 0.00000000 . .
MID 1 1.000000 0.00000000 . .
RESTRICT -1 323424371 131493127.23 2.460 0.0168
RESTRICT -1 28816 8322.7833085 3.462 0.0010
OLS of bid by mid and range (veteran winners) 10:34 Thursday, October 7, 1999 25
GRPSIZE=1 SIGSIZE=1 MARKET=3
General Linear Models Procedure
Number of observations in by group = 46
OLS of bid by mid and range (veteran winners) 10:34 Thursday, October 7, 1999 26
GRPSIZE=1 SIGSIZE=1 MARKET=3
General Linear Models Procedure
Dependent Variable: BID_Y
Source DF Sum of Squares Mean Square F Value Pr > F
Model 1 1673376926.60506000 1673376926.60506000 7971.06 0.0001
Error 44 9236984.35146012 209931.46253318
Corrected Total 45 1682613910.95652000
R-Square C.V. Root MSE BID_Y Mean
0.994510 3.140904 458.18278289 14587.60869565
Source DF Type I SS Mean Square F Value Pr > F
MID 1 1673376926.60506000 1673376926.60506000 7971.06 0.0001
Source DF Type III SS Mean Square F Value Pr > F
MID 1 1673376926.60506000 1673376926.60506000 7971.06 0.0001
T for H0: Pr > |T| Std Error of
Parameter Estimate Parameter=0 Estimate
INTERCEPT -909.2882607 -4.88 0.0001 186.2577021
MID 1.0003301 89.28 0.0001 0.0112043
OLS of bid by mid and range (veteran winners) 10:34 Thursday, October 7, 1999 27
GRPSIZE=1 SIGSIZE=1 MARKET=7
General Linear Models Procedure
Number of observations in by group = 34
OLS of bid by mid and range (veteran winners) 10:34 Thursday, October 7, 1999 28
GRPSIZE=1 SIGSIZE=1 MARKET=7
General Linear Models Procedure
Dependent Variable: BID_Y
Source DF Sum of Squares Mean Square F Value Pr > F
Model 1 1051114699.70211000 1051114699.70211000 2839.16 0.0001
Error 32 11847070.56258810 370220.95508088
Corrected Total 33 1062961770.26470000
R-Square C.V. Root MSE BID_Y Mean
0.988855 3.823858 608.45784988 15912.14705882
Source DF Type I SS Mean Square F Value Pr > F
MID 1 1051114699.70211000 1051114699.70211000 2839.16 0.0001
Source DF Type III SS Mean Square F Value Pr > F
MID 1 1051114699.70211000 1051114699.70211000 2839.16 0.0001
T for H0: Pr > |T| Std Error of
Parameter Estimate Parameter=0 Estimate
INTERCEPT -1113.425247 -3.31 0.0023 336.1341515
MID 0.999516 53.28 0.0001 0.0187584
OLS of bid by mid and range (veteran winners) 10:34 Thursday, October 7, 1999 29
GRPSIZE=1 SIGSIZE=5 MARKET=3
General Linear Models Procedure
Number of observations in by group = 49
OLS of bid by mid and range (veteran winners) 10:34 Thursday, October 7, 1999 30
GRPSIZE=1 SIGSIZE=5 MARKET=3
General Linear Models Procedure
Dependent Variable: BID_Y
Source DF Sum of Squares Mean Square F Value Pr > F
Model 1 1662811440.92813000 1662811440.92813000 1901.51 0.0001
Error 47 41099992.05146190 874467.91598855
Corrected Total 48 1703911432.97959000
R-Square C.V. Root MSE BID_Y Mean
0.975879 6.339013 935.12989258 14751.97959184
Source DF Type I SS Mean Square F Value Pr > F
MID 1 1662811440.92813000 1662811440.92813000 1901.51 0.0001
Source DF Type III SS Mean Square F Value Pr > F
MID 1 1662811440.92813000 1662811440.92813000 1901.51 0.0001
T for H0: Pr > |T| Std Error of
Parameter Estimate Parameter=0 Estimate
INTERCEPT 168.6887525 0.47 0.6417 360.1251078
MID 0.9545224 43.61 0.0001 0.0218895
OLS of bid by mid and range (veteran winners) 10:34 Thursday, October 7, 1999 31
GRPSIZE=1 SIGSIZE=5 MARKET=7
General Linear Models Procedure
Number of observations in by group = 90
OLS of bid by mid and range (veteran winners) 10:34 Thursday, October 7, 1999 32
GRPSIZE=1 SIGSIZE=5 MARKET=7
General Linear Models Procedure
Dependent Variable: BID_Y
Source DF Sum of Squares Mean Square F Value Pr > F
Model 1 3017901069.53600000 3017901069.53600000 3440.54 0.0001
Error 88 77189892.41955290 877157.86840401
Corrected Total 89 3095090961.95555000
R-Square C.V. Root MSE BID_Y Mean
0.975061 6.358046 936.56706562 14730.42222222
Source DF Type I SS Mean Square F Value Pr > F
MID 1 3017901069.53600000 3017901069.53600000 3440.54 0.0001
Source DF Type III SS Mean Square F Value Pr > F
MID 1 3017901069.53600000 3017901069.53600000 3440.54 0.0001
T for H0: Pr > |T| Std Error of
Parameter Estimate Parameter=0 Estimate
INTERCEPT 118.7389208 0.44 0.6588 267.9565196
MID 0.9663577 58.66 0.0001 0.0164750
OLS of bid by mid and range (veteran winners) 10:34 Thursday, October 7, 1999 33
GRPSIZE=5 SIGSIZE=1 MARKET=3
General Linear Models Procedure
Number of observations in by group = 77
OLS of bid by mid and range (veteran winners) 10:34 Thursday, October 7, 1999 34
GRPSIZE=5 SIGSIZE=1 MARKET=3
General Linear Models Procedure
Dependent Variable: BID_Y
Source DF Sum of Squares Mean Square F Value Pr > F
Model 1 2690093775.92700000 2690093775.92700000 17351.34 0.0001
Error 75 11627748.95611630 155036.65274822
Corrected Total 76 2701721524.88311000
R-Square C.V. Root MSE BID_Y Mean
0.995696 2.762369 393.74693999 14253.96103896
Source DF Type I SS Mean Square F Value Pr > F
MID 1 2690093775.92699000 2690093775.92699000 17351.34 0.0001
Source DF Type III SS Mean Square F Value Pr > F
MID 1 2690093775.92699000 2690093775.92699000 17351.34 0.0001
T for H0: Pr > |T| Std Error of
Parameter Estimate Parameter=0 Estimate
INTERCEPT -854.5823885 -6.94 0.0001 123.1629344
MID 0.9840743 131.72 0.0001 0.0074707
OLS of bid by mid and range (veteran winners) 10:34 Thursday, October 7, 1999 35
GRPSIZE=5 SIGSIZE=1 MARKET=7
General Linear Models Procedure
Number of observations in by group = 39
OLS of bid by mid and range (veteran winners) 10:34 Thursday, October 7, 1999 36
GRPSIZE=5 SIGSIZE=1 MARKET=7
General Linear Models Procedure
Dependent Variable: BID_Y
Source DF Sum of Squares Mean Square F Value Pr > F
Model 1 1257791853.60263000 1257791853.60263000 5315.23 0.0001
Error 37 8755653.47428935 236639.28308890
Corrected Total 38 1266547507.07692000
R-Square C.V. Root MSE BID_Y Mean
0.993087 3.258714 486.45583879 14927.84615385
Source DF Type I SS Mean Square F Value Pr > F
MID 1 1257791853.60263000 1257791853.60263000 5315.23 0.0001
Source DF Type III SS Mean Square F Value Pr > F
MID 1 1257791853.60263000 1257791853.60263000 5315.23 0.0001
T for H0: Pr > |T| Std Error of
Parameter Estimate Parameter=0 Estimate
INTERCEPT -1587.718116 -6.63 0.0001 239.5518809
MID 1.015179 72.91 0.0001 0.0139246
OLS of bid by mid and range (veteran winners) 10:34 Thursday, October 7, 1999 37
GRPSIZE=5 SIGSIZE=5 MARKET=3
General Linear Models Procedure
Number of observations in by group = 82
OLS of bid by mid and range (veteran winners) 10:34 Thursday, October 7, 1999 38
GRPSIZE=5 SIGSIZE=5 MARKET=3
General Linear Models Procedure
Dependent Variable: BID_Y
Source DF Sum of Squares Mean Square F Value Pr > F
Model 1 2606408940.58237000 2606408940.58237000 2197.18 0.0001
Error 80 94899961.03957460 1186249.51299468
Corrected Total 81 2701308901.62195000
R-Square C.V. Root MSE BID_Y Mean
0.964869 7.415877 1089.15082197 14686.74390244
Source DF Type I SS Mean Square F Value Pr > F
MID 1 2606408940.58237000 2606408940.58237000 2197.18 0.0001
Source DF Type III SS Mean Square F Value Pr > F
MID 1 2606408940.58237000 2606408940.58237000 2197.18 0.0001
T for H0: Pr > |T| Std Error of
Parameter Estimate Parameter=0 Estimate
INTERCEPT 373.6803457 1.14 0.2583 328.1854506
MID 0.9558136 46.87 0.0001 0.0203911
OLS of bid by mid and range (veteran winners) 10:34 Thursday, October 7, 1999 39
GRPSIZE=5 SIGSIZE=5 MARKET=7
General Linear Models Procedure
Number of observations in by group = 53
OLS of bid by mid and range (veteran winners) 10:34 Thursday, October 7, 1999 40
GRPSIZE=5 SIGSIZE=5 MARKET=7
General Linear Models Procedure
Dependent Variable: BID_Y
Source DF Sum of Squares Mean Square F Value Pr > F
Model 1 1829425510.10748000 1829425510.10748000 1947.31 0.0001
Error 51 47912565.81704020 939462.07484393
Corrected Total 52 1877338075.92452000
R-Square C.V. Root MSE BID_Y Mean
0.974478 6.800878 969.25851807 14251.96226415
Source DF Type I SS Mean Square F Value Pr > F
MID 1 1829425510.10748000 1829425510.10748000 1947.31 0.0001
Source DF Type III SS Mean Square F Value Pr > F
MID 1 1829425510.10748000 1829425510.10748000 1947.31 0.0001
T for H0: Pr > |T| Std Error of
Parameter Estimate Parameter=0 Estimate
INTERCEPT 601.3999878 1.79 0.0801 336.7721632
MID 0.9556906 44.13 0.0001 0.0216571
Restricted regression of bid_y = mid (veteran winners) 10:34 Thursday, October 7, 1999 41
GRPSIZE=1
Model: MODEL1
NOTE: Restrictions have been applied to parameter estimates.
NOTE: Restrictions on intercept. R-square is redefined.
Dependent Variable: BID_Y
Analysis of Variance
Sum of Mean
Source DF Squares Square F Value Prob>F
Model 0 11462099006 . . .
Error 46 9237968 200825.3913
U Total 46 11471336974
Root MSE 448.13546 R-square 0.9992
Dep Mean 14587.60870 Adj R-sq 0.9992
C.V. 3.07203
Parameter Estimates
Parameter Standard T for H0:
Variable DF Estimate Error Parameter=0 Prob > |T|
INTERCEP 1 -900.000000 0.00000000 . .
MID 1 1.000000 0.00000000 . .
RESTRICT -1 -2422350 50526270.029 -0.048 0.9620
RESTRICT -1 -192.000000 3039.4025729 -0.063 0.9499
Restricted regression of bid_y = mid (veteran winners) 10:34 Thursday, October 7, 1999 42
GRPSIZE=5
Model: MODEL1
NOTE: Restrictions have been applied to parameter estimates.
NOTE: Restrictions on intercept. R-square is redefined.
Dependent Variable: BID_Y
Analysis of Variance
Sum of Mean
Source DF Squares Square F Value Prob>F
Model 0 18330843373 . . .
Error 77 15384360 199796.88312
U Total 77 18346227733
Root MSE 446.98645 R-square 0.9992
Dep Mean 14253.96104 Adj R-sq 0.9992
C.V. 3.13588
Parameter Estimates
Parameter Standard T for H0:
Variable DF Estimate Error Parameter=0 Prob > |T|
INTERCEP 1 -900.000000 0.00000000 . .
MID 1 1.000000 0.00000000 . .
RESTRICT -1 -279601861 64663377.468 -4.324 0.0001
RESTRICT -1 -15330 3922.2901474 -3.908 0.0002
Restricted regression of bid_y = mid (veteran winners) 10:34 Thursday, October 7, 1999 43
GRPSIZE=1
Model: MODEL1
NOTE: Restrictions have been applied to parameter estimates.
NOTE: Restrictions on intercept. R-square is redefined.
Dependent Variable: BID_Y
Analysis of Variance
Sum of Mean
Source DF Squares Square F Value Prob>F
Model 0 9658020394.0 . . .
Error 34 13619793 400582.14706
U Total 34 9671640187
Root MSE 632.91559 R-square 0.9986
Dep Mean 15912.14706 Adj R-sq 0.9986
C.V. 3.97756
Parameter Estimates
Parameter Standard T for H0:
Variable DF Estimate Error Parameter=0 Prob > |T|
INTERCEP 1 -1350.000000 0.00000000 . .
MID 1 1.000000 0.00000000 . .
RESTRICT -1 131723916 66130662.502 1.992 0.0545
RESTRICT -1 7763.000000 3690.5003726 2.104 0.0429
Restricted regression of bid_y = mid (veteran winners) 10:34 Thursday, October 7, 1999 44
GRPSIZE=5
Model: MODEL1
NOTE: Restrictions have been applied to parameter estimates.
NOTE: Restrictions on intercept. R-square is redefined.
Dependent Variable: BID_Y
Analysis of Variance
Sum of Mean
Source DF Squares Square F Value Prob>F
Model 0 9948290358.0 . . .
Error 39 9040190 231799.74359
U Total 39 9957330548
Root MSE 481.45586 R-square 0.9991
Dep Mean 14927.84615 Adj R-sq 0.9991
C.V. 3.22522
Parameter Estimates
Parameter Standard T for H0:
Variable DF Estimate Error Parameter=0 Prob > |T|
INTERCEP 1 -1350.000000 0.00000000 . .
MID 1 1.000000 0.00000000 . .
RESTRICT -1 24382614 51725715.655 0.471 0.6400
RESTRICT -1 360.000000 3006.6908720 0.120 0.9053
Restricted regression of bid_y = mid (veteran winners) 10:34 Thursday, October 7, 1999 45
GRPSIZE=1
Model: MODEL1
NOTE: Restrictions have been applied to parameter estimates.
NOTE: Restrictions on intercept. R-square is redefined.
Dependent Variable: BID_Y
Analysis of Variance
Sum of Mean
Source DF Squares Square F Value Prob>F
Model 0 12320518242 . . .
Error 49 46817383 955456.79592
U Total 49 12367335625
Root MSE 977.47470 R-square 0.9962
Dep Mean 14751.97959 Adj R-sq 0.9962
C.V. 6.62606
Parameter Estimates
Parameter Standard T for H0:
Variable DF Estimate Error Parameter=0 Prob > |T|
INTERCEP 1 -327.000000 0.00000000 . .
MID 1 1.000000 0.00000000 . .
RESTRICT -1 -232066541 112569412.47 -2.062 0.0446
RESTRICT -1 -9757.000000 6842.3229243 -1.426 0.1602
Restricted regression of bid_y = mid (veteran winners) 10:34 Thursday, October 7, 1999 46
GRPSIZE=5
Model: MODEL1
NOTE: Restrictions have been applied to parameter estimates.
NOTE: Restrictions on intercept. R-square is redefined.
Dependent Variable: BID_Y
Analysis of Variance
Sum of Mean
Source DF Squares Square F Value Prob>F
Model 0 20288150589 . . .
Error 82 100594922 1226767.3415
U Total 82 20388745511
Root MSE 1107.59530 R-square 0.9951
Dep Mean 14686.74390 Adj R-sq 0.9951
C.V. 7.54146
Parameter Estimates
Parameter Standard T for H0:
Variable DF Estimate Error Parameter=0 Prob > |T|
INTERCEP 1 -327.000000 0.00000000 . .
MID 1 1.000000 0.00000000 . .
RESTRICT -1 -78173002 161423742.37 -0.484 0.6295
RESTRICT -1 3198.000000 10029.701990 0.319 0.7506
Restricted regression of bid_y = mid (veteran winners) 10:34 Thursday, October 7, 1999 47
GRPSIZE=1
Model: MODEL1
NOTE: Restrictions have been applied to parameter estimates.
NOTE: Restrictions on intercept. R-square is redefined.
Dependent Variable: BID_Y
Analysis of Variance
Sum of Mean
Source DF Squares Square F Value Prob>F
Model 0 22541030237 . . .
Error 90 82741221 919346.9
U Total 90 22623771458
Root MSE 958.82579 R-square 0.9963
Dep Mean 14730.42222 Adj R-sq 0.9963
C.V. 6.50915
Parameter Estimates
Parameter Standard T for H0:
Variable DF Estimate Error Parameter=0 Prob > |T|
INTERCEP 1 -535.000000 0.00000000 . .
MID 1 1.000000 0.00000000 . .
RESTRICT -1 88675157 147945234.65 0.599 0.5504
RESTRICT -1 13055 9096.2201491 1.435 0.1547
Restricted regression of bid_y = mid (veteran winners) 10:34 Thursday, October 7, 1999 48
GRPSIZE=5
Model: MODEL1
NOTE: Restrictions have been applied to parameter estimates.
NOTE: Restrictions on intercept. R-square is redefined.
Dependent Variable: BID_Y
Analysis of Variance
Sum of Mean
Source DF Squares Square F Value Prob>F
Model 0 12577333042 . . .
Error 53 65281738 1231730.9057
U Total 53 12642614780
Root MSE 1109.83373 R-square 0.9948
Dep Mean 14251.96226 Adj R-sq 0.9948
C.V. 7.78723
Parameter Estimates
Parameter Standard T for H0:
Variable DF Estimate Error Parameter=0 Prob > |T|
INTERCEP 1 -535.000000 0.00000000 . .
MID 1 1.000000 0.00000000 . .
RESTRICT -1 292416770 125641306.53 2.327 0.0238
RESTRICT -1 26686 8079.7115048 3.303 0.0017
OLS of bid by mid and range (intermediate winners) including bankrupt 49
10:34 Thursday, October 7, 1999
GRPSIZE=1 SIGSIZE=1 MARKET=3
General Linear Models Procedure
Number of observations in by group = 60
OLS of bid by mid and range (intermediate winners) including bankrupt 50
10:34 Thursday, October 7, 1999
GRPSIZE=1 SIGSIZE=1 MARKET=3
General Linear Models Procedure
Dependent Variable: BID_Y
Source DF Sum of Squares Mean Square F Value Pr > F
Model 1 1469853978.14603000 1469853978.14603000 10859.96 0.0001
Error 58 7850080.25396054 135346.21127518
Corrected Total 59 1477704058.40000000
R-Square C.V. Root MSE BID_Y Mean
0.994688 2.682501 367.89429362 13714.60000000
Source DF Type I SS Mean Square F Value Pr > F
MID 1 1469853978.14603000 1469853978.14603000 10859.96 0.0001
Source DF Type III SS Mean Square F Value Pr > F
MID 1 1469853978.14603000 1469853978.14603000 10859.96 0.0001
T for H0: Pr > |T| Std Error of
Parameter Estimate Parameter=0 Estimate
INTERCEPT -776.0525122 -5.28 0.0001 146.9385290
MID 1.0017803 104.21 0.0001 0.0096130
OLS of bid by mid and range (intermediate winners) including bankrupt 51
10:34 Thursday, October 7, 1999
GRPSIZE=1 SIGSIZE=1 MARKET=7
General Linear Models Procedure
Number of observations in by group = 58
OLS of bid by mid and range (intermediate winners) including bankrupt 52
10:34 Thursday, October 7, 1999
GRPSIZE=1 SIGSIZE=1 MARKET=7
General Linear Models Procedure
Dependent Variable: BID_Y
Source DF Sum of Squares Mean Square F Value Pr > F
Model 1 1350603113.87485000 1350603113.87485000 1958.81 0.0001
Error 56 38612042.05618320 689500.75100327
Corrected Total 57 1389215155.93103000
R-Square C.V. Root MSE BID_Y Mean
0.972206 5.799412 830.36181933 14318.03448276
Source DF Type I SS Mean Square F Value Pr > F
MID 1 1350603113.87485000 1350603113.87485000 1958.81 0.0001
Source DF Type III SS Mean Square F Value Pr > F
MID 1 1350603113.87485000 1350603113.87485000 1958.81 0.0001
T for H0: Pr > |T| Std Error of
Parameter Estimate Parameter=0 Estimate
INTERCEPT -887.7839630 -2.46 0.0169 360.4542088
MID 1.0266081 44.26 0.0001 0.0231957
OLS of bid by mid and range (intermediate winners) including bankrupt 53
10:34 Thursday, October 7, 1999
GRPSIZE=1 SIGSIZE=5 MARKET=3
General Linear Models Procedure
Number of observations in by group = 87
OLS of bid by mid and range (intermediate winners) including bankrupt 54
10:34 Thursday, October 7, 1999
GRPSIZE=1 SIGSIZE=5 MARKET=3
General Linear Models Procedure
Dependent Variable: BID_Y
Source DF Sum of Squares Mean Square F Value Pr > F
Model 1 2063361817.23305000 2063361817.23305000 2208.12 0.0001
Error 85 79427694.58303730 934443.46568279
Corrected Total 86 2142789511.81609000
R-Square C.V. Root MSE BID_Y Mean
0.962933 7.208930 966.66616041 13409.28735632
Source DF Type I SS Mean Square F Value Pr > F
MID 1 2063361817.23305000 2063361817.23305000 2208.12 0.0001
Source DF Type III SS Mean Square F Value Pr > F
MID 1 2063361817.23305000 2063361817.23305000 2208.12 0.0001
T for H0: Pr > |T| Std Error of
Parameter Estimate Parameter=0 Estimate
INTERCEPT -227.0470561 -0.74 0.4633 308.1436762
MID 0.9868538 46.99 0.0001 0.0210011
OLS of bid by mid and range (intermediate winners) including bankrupt 55
10:34 Thursday, October 7, 1999
GRPSIZE=1 SIGSIZE=5 MARKET=7
General Linear Models Procedure
Number of observations in by group = 172
OLS of bid by mid and range (intermediate winners) including bankrupt 56
10:34 Thursday, October 7, 1999
GRPSIZE=1 SIGSIZE=5 MARKET=7
General Linear Models Procedure
Dependent Variable: BID_Y
Source DF Sum of Squares Mean Square F Value Pr > F
Model 1 3849463432.49620000 3849463432.49620000 3342.94 0.0001
Error 170 195758320.82356700 1151519.53425628
Corrected Total 171 4045221753.31976000
R-Square C.V. Root MSE BID_Y Mean
0.951608 7.620611 1073.08878209 14081.40116279
Source DF Type I SS Mean Square F Value Pr > F
MID 1 3849463432.49620000 3849463432.49620000 3342.94 0.0001
Source DF Type III SS Mean Square F Value Pr > F
MID 1 3849463432.49620000 3849463432.49620000 3342.94 0.0001
T for H0: Pr > |T| Std Error of
Parameter Estimate Parameter=0 Estimate
INTERCEPT 509.8075754 2.05 0.0418 248.5809654
MID 0.9607326 57.82 0.0001 0.0166164
OLS of bid by mid and range (intermediate winners) including bankrupt 57
10:34 Thursday, October 7, 1999
GRPSIZE=5 SIGSIZE=1 MARKET=3
General Linear Models Procedure
Number of observations in by group = 90
OLS of bid by mid and range (intermediate winners) including bankrupt 58
10:34 Thursday, October 7, 1999
GRPSIZE=5 SIGSIZE=1 MARKET=3
General Linear Models Procedure
Dependent Variable: BID_Y
Source DF Sum of Squares Mean Square F Value Pr > F
Model 1 2125206798.25240000 2125206798.25240000 6765.09 0.0001
Error 88 27644581.34759510 314142.96985904
Corrected Total 89 2152851379.60000000
R-Square C.V. Root MSE BID_Y Mean
0.987159 4.106836 560.48458485 13647.60000000
Source DF Type I SS Mean Square F Value Pr > F
MID 1 2125206798.25240000 2125206798.25240000 6765.09 0.0001
Source DF Type III SS Mean Square F Value Pr > F
MID 1 2125206798.25240000 2125206798.25240000 6765.09 0.0001
T for H0: Pr > |T| Std Error of
Parameter Estimate Parameter=0 Estimate
INTERCEPT -488.9301669 -2.69 0.0085 181.7431327
MID 0.9800497 82.25 0.0001 0.0119155
OLS of bid by mid and range (intermediate winners) including bankrupt 59
10:34 Thursday, October 7, 1999
GRPSIZE=5 SIGSIZE=1 MARKET=7
General Linear Models Procedure
Number of observations in by group = 60
OLS of bid by mid and range (intermediate winners) including bankrupt 60
10:34 Thursday, October 7, 1999
GRPSIZE=5 SIGSIZE=1 MARKET=7
General Linear Models Procedure
Dependent Variable: BID_Y
Source DF Sum of Squares Mean Square F Value Pr > F
Model 1 1364257230.44377000 1364257230.44377000 1844.89 0.0001
Error 58 42889886.53956050 739480.80240622
Corrected Total 59 1407147116.98333000
R-Square C.V. Root MSE BID_Y Mean
0.969520 6.089737 859.93069628 14120.98333333
Source DF Type I SS Mean Square F Value Pr > F
MID 1 1364257230.44377000 1364257230.44377000 1844.89 0.0001
Source DF Type III SS Mean Square F Value Pr > F
MID 1 1364257230.44377000 1364257230.44377000 1844.89 0.0001
T for H0: Pr > |T| Std Error of
Parameter Estimate Parameter=0 Estimate
INTERCEPT -228.8868699 -0.65 0.5182 352.0521462
MID 0.9867879 42.95 0.0001 0.0229741
OLS of bid by mid and range (intermediate winners) including bankrupt 61
10:34 Thursday, October 7, 1999
GRPSIZE=5 SIGSIZE=5 MARKET=3
General Linear Models Procedure
Number of observations in by group = 90
OLS of bid by mid and range (intermediate winners) including bankrupt 62
10:34 Thursday, October 7, 1999
GRPSIZE=5 SIGSIZE=5 MARKET=3
General Linear Models Procedure
Dependent Variable: BID_Y
Source DF Sum of Squares Mean Square F Value Pr > F
Model 1 2102374952.20260000 2102374952.20260000 2741.33 0.0001
Error 88 67488892.19739810 766919.22951589
Corrected Total 89 2169863844.40000000
R-Square C.V. Root MSE BID_Y Mean
0.968897 6.412165 875.73924745 13657.46666667
Source DF Type I SS Mean Square F Value Pr > F
MID 1 2102374952.20260000 2102374952.20260000 2741.33 0.0001
Source DF Type III SS Mean Square F Value Pr > F
MID 1 2102374952.20260000 2102374952.20260000 2741.33 0.0001
T for H0: Pr > |T| Std Error of
Parameter Estimate Parameter=0 Estimate
INTERCEPT 488.4923920 1.82 0.0717 267.9242207
MID 0.9532167 52.36 0.0001 0.0182059
OLS of bid by mid and range (intermediate winners) including bankrupt 63
10:34 Thursday, October 7, 1999
GRPSIZE=5 SIGSIZE=5 MARKET=7
General Linear Models Procedure
Number of observations in by group = 58
OLS of bid by mid and range (intermediate winners) including bankrupt 64
10:34 Thursday, October 7, 1999
GRPSIZE=5 SIGSIZE=5 MARKET=7
General Linear Models Procedure
Dependent Variable: BID_Y
Source DF Sum of Squares Mean Square F Value Pr > F
Model 1 1331783939.21504000 1331783939.21504000 1377.50 0.0001
Error 56 54141658.30219270 966815.32682487
Corrected Total 57 1385925597.51724000
R-Square C.V. Root MSE BID_Y Mean
0.960935 7.078346 983.26767811 13891.20689655
Source DF Type I SS Mean Square F Value Pr > F
MID 1 1331783939.21504000 1331783939.21504000 1377.50 0.0001
Source DF Type III SS Mean Square F Value Pr > F
MID 1 1331783939.21504000 1331783939.21504000 1377.50 0.0001
T for H0: Pr > |T| Std Error of
Parameter Estimate Parameter=0 Estimate
INTERCEPT 310.7459010 0.80 0.4266 388.0159059
MID 0.9530413 37.11 0.0001 0.0256783
Restricted regression of bid_y = mid (intermediate winners) including bankrupt 65
10:34 Thursday, October 7, 1999
GRPSIZE=1
Model: MODEL1
NOTE: Restrictions have been applied to parameter estimates.
NOTE: Restrictions on intercept. R-square is redefined.
Dependent Variable: BID_Y
Analysis of Variance
Sum of Mean
Source DF Squares Square F Value Prob>F
Model 0 12753919920 . . .
Error 60 9199328 153322.13333
U Total 60 12763119248
Root MSE 391.56370 R-square 0.9993
Dep Mean 13714.60000 Adj R-sq 0.9993
C.V. 2.85509
Parameter Estimates
Parameter Standard T for H0:
Variable DF Estimate Error Parameter=0 Prob > |T|
INTERCEP 1 -900.000000 0.00000000 . .
MID 1 1.000000 0.00000000 . .
RESTRICT -1 132531286 46361265.017 2.859 0.0058
RESTRICT -1 8982.000000 3033.0393997 2.961 0.0044
Restricted regression of bid_y = mid (intermediate winners) including bankrupt 66
10:34 Thursday, October 7, 1999
GRPSIZE=5
Model: MODEL1
NOTE: Restrictions have been applied to parameter estimates.
NOTE: Restrictions on intercept. R-square is redefined.
Dependent Variable: BID_Y
Analysis of Variance
Sum of Mean
Source DF Squares Square F Value Prob>F
Model 0 18886086601 . . .
Error 90 29893497 332149.96667
U Total 90 18915980098
Root MSE 576.32453 R-square 0.9984
Dep Mean 13647.60000 Adj R-sq 0.9984
C.V. 4.22290
Parameter Estimates
Parameter Standard T for H0:
Variable DF Estimate Error Parameter=0 Prob > |T|
INTERCEP 1 -900.000000 0.00000000 . .
MID 1 1.000000 0.00000000 . .
RESTRICT -1 115924096 83394079.404 1.390 0.1679
RESTRICT -1 11097 5467.4945816 2.030 0.0453
Restricted regression of bid_y = mid (intermediate winners) including bankrupt 67
10:34 Thursday, October 7, 1999
GRPSIZE=1
Model: MODEL1
NOTE: Restrictions have been applied to parameter estimates.
NOTE: Restrictions on intercept. R-square is redefined.
Dependent Variable: BID_Y
Analysis of Variance
Sum of Mean
Source DF Squares Square F Value Prob>F
Model 0 13197519065 . . .
Error 58 82050555 1414664.7414
U Total 58 13279569620
Root MSE 1189.39680 R-square 0.9938
Dep Mean 14318.03448 Adj R-sq 0.9938
C.V. 8.30698
Parameter Estimates
Parameter Standard T for H0:
Variable DF Estimate Error Parameter=0 Prob > |T|
INTERCEP 1 -1350.000000 0.00000000 . .
MID 1 1.000000 0.00000000 . .
RESTRICT -1 769751322 140761106.65 5.468 0.0001
RESTRICT -1 49667 9058.1761409 5.483 0.0001
Restricted regression of bid_y = mid (intermediate winners) including bankrupt 68
10:34 Thursday, October 7, 1999
GRPSIZE=5
Model: MODEL1
NOTE: Restrictions have been applied to parameter estimates.
NOTE: Restrictions on intercept. R-square is redefined.
Dependent Variable: BID_Y
Analysis of Variance
Sum of Mean
Source DF Squares Square F Value Prob>F
Model 0 13276362284 . . .
Error 60 94915051 1581917.5167
U Total 60 13371277335
Root MSE 1257.74302 R-square 0.9929
Dep Mean 14120.98333 Adj R-sq 0.9929
C.V. 8.90691
Parameter Estimates
Parameter Standard T for H0:
Variable DF Estimate Error Parameter=0 Prob > |T|
INTERCEP 1 -1350.000000 0.00000000 . .
MID 1 1.000000 0.00000000 . .
RESTRICT -1 792045994 149291604.84 5.305 0.0001
RESTRICT -1 55739 9742.4355784 5.721 0.0001
Restricted regression of bid_y = mid (intermediate winners) including bankrupt 69
10:34 Thursday, October 7, 1999
GRPSIZE=1
Model: MODEL1
NOTE: Restrictions have been applied to parameter estimates.
NOTE: Restrictions on intercept. R-square is redefined.
Dependent Variable: BID_Y
Analysis of Variance
Sum of Mean
Source DF Squares Square F Value Prob>F
Model 0 17705796830 . . .
Error 87 80374586 923845.81609
U Total 87 17786171416
Root MSE 961.16898 R-square 0.9955
Dep Mean 13409.28736 Adj R-sq 0.9955
C.V. 7.16793
Parameter Estimates
Parameter Standard T for H0:
Variable DF Estimate Error Parameter=0 Prob > |T|
INTERCEP 1 -327.000000 0.00000000 . .
MID 1 1.000000 0.00000000 . .
RESTRICT -1 -126071143 131543985.81 -0.958 0.3405
RESTRICT -1 -7108.000000 8965.1874492 -0.793 0.4300
Restricted regression of bid_y = mid (intermediate winners) including bankrupt 70
10:34 Thursday, October 7, 1999
GRPSIZE=5
Model: MODEL1
NOTE: Restrictions have been applied to parameter estimates.
NOTE: Restrictions on intercept. R-square is redefined.
Dependent Variable: BID_Y
Analysis of Variance
Sum of Mean
Source DF Squares Square F Value Prob>F
Model 0 18882110827 . . .
Error 90 75128635 834762.61111
U Total 90 18957239462
Root MSE 913.65344 R-square 0.9960
Dep Mean 13657.46667 Adj R-sq 0.9960
C.V. 6.68977
Parameter Estimates
Parameter Standard T for H0:
Variable DF Estimate Error Parameter=0 Prob > |T|
INTERCEP 1 -327.000000 0.00000000 . .
MID 1 1.000000 0.00000000 . .
RESTRICT -1 102090402 127556727.66 0.800 0.4256
RESTRICT -1 15225 8667.6776013 1.757 0.0824
Restricted regression of bid_y = mid (intermediate winners) including bankrupt 71
10:34 Thursday, October 7, 1999
GRPSIZE=1
Model: MODEL1
NOTE: Restrictions have been applied to parameter estimates.
NOTE: Restrictions on intercept. R-square is redefined.
Dependent Variable: BID_Y
Analysis of Variance
Sum of Mean
Source DF Squares Square F Value Prob>F
Model 0 37906885571 . . .
Error 172 243503880 1415720.2326
U Total 172 38150389451
Root MSE 1189.84042 R-square 0.9936
Dep Mean 14081.40116 Adj R-sq 0.9936
C.V. 8.44973
Parameter Estimates
Parameter Standard T for H0:
Variable DF Estimate Error Parameter=0 Prob > |T|
INTERCEP 1 -535.000000 0.00000000 . .
MID 1 1.000000 0.00000000 . .
RESTRICT -1 1027051209 233444007.26 4.400 0.0001
RESTRICT -1 84298 15604.610857 5.402 0.0001
Restricted regression of bid_y = mid (intermediate winners) including bankrupt 72
10:34 Thursday, October 7, 1999
GRPSIZE=5
Model: MODEL1
NOTE: Restrictions have been applied to parameter estimates.
NOTE: Restrictions on intercept. R-square is redefined.
Dependent Variable: BID_Y
Analysis of Variance
Sum of Mean
Source DF Squares Square F Value Prob>F
Model 0 12518748205 . . .
Error 58 59183877 1020411.6724
U Total 58 12577932082
Root MSE 1010.15428 R-square 0.9953
Dep Mean 13891.20690 Adj R-sq 0.9953
C.V. 7.27190
Parameter Estimates
Parameter Standard T for H0:
Variable DF Estimate Error Parameter=0 Prob > |T|
INTERCEP 1 -535.000000 0.00000000 . .
MID 1 1.000000 0.00000000 . .
RESTRICT -1 77105174 116247768.25 0.663 0.5098
RESTRICT -1 10243 7693.1058097 1.331 0.1882
OLS of bid by mid and range (intermediate winners) 10:34 Thursday, October 7, 1999 73
GRPSIZE=1 SIGSIZE=1 MARKET=3
General Linear Models Procedure
Number of observations in by group = 30
OLS of bid by mid and range (intermediate winners) 10:34 Thursday, October 7, 1999 74
GRPSIZE=1 SIGSIZE=1 MARKET=3
General Linear Models Procedure
Dependent Variable: BID_Y
Source DF Sum of Squares Mean Square F Value Pr > F
Model 1 621700228.28757900 621700228.28757900 18216.36 0.0001
Error 28 955602.91242024 34128.67544358
Corrected Total 29 622655831.20000000
R-Square C.V. Root MSE BID_Y Mean
0.998465 1.455169 184.73947993 12695.40000000
Source DF Type I SS Mean Square F Value Pr > F
MID 1 621700228.28758000 621700228.28758000 18216.36 0.0001
Source DF Type III SS Mean Square F Value Pr > F
MID 1 621700228.28758000 621700228.28758000 18216.36 0.0001
T for H0: Pr > |T| Std Error of
Parameter Estimate Parameter=0 Estimate
INTERCEPT -1176.893280 -10.88 0.0001 108.1747731
MID 1.010312 134.97 0.0001 0.0074856
OLS of bid by mid and range (intermediate winners) 10:34 Thursday, October 7, 1999 75
GRPSIZE=1 SIGSIZE=1 MARKET=7
General Linear Models Procedure
Number of observations in by group = 35
OLS of bid by mid and range (intermediate winners) 10:34 Thursday, October 7, 1999 76
GRPSIZE=1 SIGSIZE=1 MARKET=7
General Linear Models Procedure
Dependent Variable: BID_Y
Source DF Sum of Squares Mean Square F Value Pr > F
Model 1 724368852.62009700 724368852.62009700 3767.55 0.0001
Error 33 6344760.06561633 192265.45653383
Corrected Total 34 730713612.68571400
R-Square C.V. Root MSE BID_Y Mean
0.991317 3.300685 438.48085082 13284.54285714
Source DF Type I SS Mean Square F Value Pr > F
MID 1 724368852.62009800 724368852.62009800 3767.55 0.0001
Source DF Type III SS Mean Square F Value Pr > F
MID 1 724368852.62009800 724368852.62009800 3767.55 0.0001
T for H0: Pr > |T| Std Error of
Parameter Estimate Parameter=0 Estimate
INTERCEPT -1411.919018 -5.63 0.0001 250.6418501
MID 1.028335 61.38 0.0001 0.0167535
OLS of bid by mid and range (intermediate winners) 10:34 Thursday, October 7, 1999 77
GRPSIZE=1 SIGSIZE=5 MARKET=3
General Linear Models Procedure
Number of observations in by group = 83
OLS of bid by mid and range (intermediate winners) 10:34 Thursday, October 7, 1999 78
GRPSIZE=1 SIGSIZE=5 MARKET=3
General Linear Models Procedure
Dependent Variable: BID_Y
Source DF Sum of Squares Mean Square F Value Pr > F
Model 1 1958949866.02868000 1958949866.02868000 2161.49 0.0001
Error 81 73410098.59782260 906297.51355337
Corrected Total 82 2032359964.62650000
R-Square C.V. Root MSE BID_Y Mean
0.963879 7.074505 951.99659325 13456.72289157
Source DF Type I SS Mean Square F Value Pr > F
MID 1 1958949866.02868000 1958949866.02868000 2161.49 0.0001
Source DF Type III SS Mean Square F Value Pr > F
MID 1 1958949866.02868000 1958949866.02868000 2161.49 0.0001
T for H0: Pr > |T| Std Error of
Parameter Estimate Parameter=0 Estimate
INTERCEPT -217.5893596 -0.70 0.4877 312.1340763
MID 0.9841243 46.49 0.0001 0.0211677
OLS of bid by mid and range (intermediate winners) 10:34 Thursday, October 7, 1999 79
GRPSIZE=1 SIGSIZE=5 MARKET=7
General Linear Models Procedure
Number of observations in by group = 110
OLS of bid by mid and range (intermediate winners) 10:34 Thursday, October 7, 1999 80
GRPSIZE=1 SIGSIZE=5 MARKET=7
General Linear Models Procedure
Dependent Variable: BID_Y
Source DF Sum of Squares Mean Square F Value Pr > F
Model 1 2860526283.21831000 2860526283.21831000 2539.02 0.0001
Error 108 121675733.04532100 1126627.15782705
Corrected Total 109 2982202016.26363000
R-Square C.V. Root MSE BID_Y Mean
0.959199 7.767326 1061.42694418 13665.28181818
Source DF Type I SS Mean Square F Value Pr > F
MID 1 2860526283.21831000 2860526283.21831000 2539.02 0.0001
Source DF Type III SS Mean Square F Value Pr > F
MID 1 2860526283.21831000 2860526283.21831000 2539.02 0.0001
T for H0: Pr > |T| Std Error of
Parameter Estimate Parameter=0 Estimate
INTERCEPT 144.7107815 0.50 0.6149 286.7764167
MID 0.9696311 50.39 0.0001 0.0192430
OLS of bid by mid and range (intermediate winners) 10:34 Thursday, October 7, 1999 81
GRPSIZE=5 SIGSIZE=1 MARKET=3
General Linear Models Procedure
Number of observations in by group = 63
OLS of bid by mid and range (intermediate winners) 10:34 Thursday, October 7, 1999 82
GRPSIZE=5 SIGSIZE=1 MARKET=3
General Linear Models Procedure
Dependent Variable: BID_Y
Source DF Sum of Squares Mean Square F Value Pr > F
Model 1 1694592167.74541000 1694592167.74541000 4942.97 0.0001
Error 61 20912532.85775610 342828.40750420
Corrected Total 62 1715504700.60317000
R-Square C.V. Root MSE BID_Y Mean
0.987810 4.172527 585.51550578 14032.63492063
Source DF Type I SS Mean Square F Value Pr > F
MID 1 1694592167.74541000 1694592167.74541000 4942.97 0.0001
Source DF Type III SS Mean Square F Value Pr > F
MID 1 1694592167.74541000 1694592167.74541000 4942.97 0.0001
T for H0: Pr > |T| Std Error of
Parameter Estimate Parameter=0 Estimate
INTERCEPT -678.0256211 -3.06 0.0033 221.8597319
MID 0.9828084 70.31 0.0001 0.0139790
OLS of bid by mid and range (intermediate winners) 10:34 Thursday, October 7, 1999 83
GRPSIZE=5 SIGSIZE=1 MARKET=7
General Linear Models Procedure
Number of observations in by group = 19
OLS of bid by mid and range (intermediate winners) 10:34 Thursday, October 7, 1999 84
GRPSIZE=5 SIGSIZE=1 MARKET=7
General Linear Models Procedure
Dependent Variable: BID_Y
Source DF Sum of Squares Mean Square F Value Pr > F
Model 1 391145223.95867400 391145223.95867400 1108.47 0.0001
Error 17 5998784.14658853 352869.65568168
Corrected Total 18 397144008.10526300
R-Square C.V. Root MSE BID_Y Mean
0.984895 4.587688 594.02832902 12948.31578947
Source DF Type I SS Mean Square F Value Pr > F
MID 1 391145223.95867400 391145223.95867400 1108.47 0.0001
Source DF Type III SS Mean Square F Value Pr > F
MID 1 391145223.95867400 391145223.95867400 1108.47 0.0001
T for H0: Pr > |T| Std Error of
Parameter Estimate Parameter=0 Estimate
INTERCEPT -973.6230017 -2.21 0.0408 439.8023961
MID 0.9876591 33.29 0.0001 0.0296651
OLS of bid by mid and range (intermediate winners) 10:34 Thursday, October 7, 1999 85
GRPSIZE=5 SIGSIZE=5 MARKET=3
General Linear Models Procedure
Number of observations in by group = 75
OLS of bid by mid and range (intermediate winners) 10:34 Thursday, October 7, 1999 86
GRPSIZE=5 SIGSIZE=5 MARKET=3
General Linear Models Procedure
Dependent Variable: BID_Y
Source DF Sum of Squares Mean Square F Value Pr > F
Model 1 1949206178.10342000 1949206178.10342000 2406.95 0.0001
Error 73 59117181.81657850 809824.40844628
Corrected Total 74 2008323359.92000000
R-Square C.V. Root MSE BID_Y Mean
0.970564 6.708241 899.90244385 13414.88000000
Source DF Type I SS Mean Square F Value Pr > F
MID 1 1949206178.10342000 1949206178.10342000 2406.95 0.0001
Source DF Type III SS Mean Square F Value Pr > F
MID 1 1949206178.10342000 1949206178.10342000 2406.95 0.0001
T for H0: Pr > |T| Std Error of
Parameter Estimate Parameter=0 Estimate
INTERCEPT 429.4394885 1.51 0.1353 284.3480957
MID 0.9515774 49.06 0.0001 0.0193959
OLS of bid by mid and range (intermediate winners) 10:34 Thursday, October 7, 1999 87
GRPSIZE=5 SIGSIZE=5 MARKET=7
General Linear Models Procedure
Number of observations in by group = 49
OLS of bid by mid and range (intermediate winners) 10:34 Thursday, October 7, 1999 88
GRPSIZE=5 SIGSIZE=5 MARKET=7
General Linear Models Procedure
Dependent Variable: BID_Y
Source DF Sum of Squares Mean Square F Value Pr > F
Model 1 1123532387.13743000 1123532387.13743000 1470.12 0.0001
Error 47 35919448.53603910 764243.58587317
Corrected Total 48 1159451835.67346000
R-Square C.V. Root MSE BID_Y Mean
0.969020 6.478070 874.21026411 13494.91836735
Source DF Type I SS Mean Square F Value Pr > F
MID 1 1123532387.13743000 1123532387.13743000 1470.12 0.0001
Source DF Type III SS Mean Square F Value Pr > F
MID 1 1123532387.13743000 1123532387.13743000 1470.12 0.0001
T for H0: Pr > |T| Std Error of
Parameter Estimate Parameter=0 Estimate
INTERCEPT 563.1494376 1.57 0.1241 359.6520587
MID 0.9271387 38.34 0.0001 0.0241806
Restricted regression of bid_y = mid (intermediate winners) 10:34 Thursday, October 7, 1999 89
GRPSIZE=1
Model: MODEL1
NOTE: Restrictions have been applied to parameter estimates.
NOTE: Restrictions on intercept. R-square is redefined.
Dependent Variable: BID_Y
Analysis of Variance
Sum of Mean
Source DF Squares Square F Value Prob>F
Model 0 5456281711.0 . . .
Error 30 1569555 52318.5
U Total 30 5457851266
Root MSE 228.73238 R-square 0.9997
Dep Mean 12695.40000 Adj R-sq 0.9997
C.V. 1.80169
Parameter Estimates
Parameter Standard T for H0:
Variable DF Estimate Error Parameter=0 Prob > |T|
INTERCEP 1 -900.000000 0.00000000 . .
MID 1 1.000000 0.00000000 . .
RESTRICT -1 -49452041 18104622.582 -2.731 0.0105
RESTRICT -1 -4059.000000 1252.8188217 -3.240 0.0029
Restricted regression of bid_y = mid (intermediate winners) 10:34 Thursday, October 7, 1999 90
GRPSIZE=5
Model: MODEL1
NOTE: Restrictions have been applied to parameter estimates.
NOTE: Restrictions on intercept. R-square is redefined.
Dependent Variable: BID_Y
Analysis of Variance
Sum of Mean
Source DF Squares Square F Value Prob>F
Model 0 14099630029 . . .
Error 63 21509769 341424.90476
U Total 63 14121139798
Root MSE 584.31576 R-square 0.9985
Dep Mean 14032.63492 Adj R-sq 0.9985
C.V. 4.16398
Parameter Estimates
Parameter Standard T for H0:
Variable DF Estimate Error Parameter=0 Prob > |T|
INTERCEP 1 -900.000000 0.00000000 . .
MID 1 1.000000 0.00000000 . .
RESTRICT -1 -63494563 73607436.629 -0.863 0.3916
RESTRICT -1 -2227.000000 4637.8625465 -0.480 0.6328
Restricted regression of bid_y = mid (intermediate winners) 10:34 Thursday, October 7, 1999 91
GRPSIZE=1
Model: MODEL1
NOTE: Restrictions have been applied to parameter estimates.
NOTE: Restrictions on intercept. R-square is redefined.
Dependent Variable: BID_Y
Analysis of Variance
Sum of Mean
Source DF Squares Square F Value Prob>F
Model 0 6896468253.0 . . .
Error 35 11013122 314660.62857
U Total 35 6907481375
Root MSE 560.94619 R-square 0.9984
Dep Mean 13284.54286 Adj R-sq 0.9984
C.V. 4.22255
Parameter Estimates
Parameter Standard T for H0:
Variable DF Estimate Error Parameter=0 Prob > |T|
INTERCEP 1 -1350.000000 0.00000000 . .
MID 1 1.000000 0.00000000 . .
RESTRICT -1 190993282 49648201.419 3.847 0.0005
RESTRICT -1 12006 3318.6024167 3.618 0.0009
Restricted regression of bid_y = mid (intermediate winners) 10:34 Thursday, October 7, 1999 92
GRPSIZE=5
Model: MODEL1
NOTE: Restrictions have been applied to parameter estimates.
NOTE: Restrictions on intercept. R-square is redefined.
Dependent Variable: BID_Y
Analysis of Variance
Sum of Mean
Source DF Squares Square F Value Prob>F
Model 0 3575824398.0 . . .
Error 19 6838364 359913.89474
U Total 19 3582662762
Root MSE 599.92824 R-square 0.9981
Dep Mean 12948.31579 Adj R-sq 0.9981
C.V. 4.63325
Parameter Estimates
Parameter Standard T for H0:
Variable DF Estimate Error Parameter=0 Prob > |T|
INTERCEP 1 -1350.000000 0.00000000 . .
MID 1 1.000000 0.00000000 . .
RESTRICT -1 49264346 38769346.909 1.271 0.2192
RESTRICT -1 3846.000000 2615.0265773 1.471 0.1577
Restricted regression of bid_y = mid (intermediate winners) 10:34 Thursday, October 7, 1999 93
GRPSIZE=1
Model: MODEL1
NOTE: Restrictions have been applied to parameter estimates.
NOTE: Restrictions on intercept. R-square is redefined.
Dependent Variable: BID_Y
Analysis of Variance
Sum of Mean
Source DF Squares Square F Value Prob>F
Model 0 16987335554 . . .
Error 83 74945862 902962.19277
U Total 83 17062281416
Root MSE 950.24323 R-square 0.9956
Dep Mean 13456.72289 Adj R-sq 0.9956
C.V. 7.06148
Parameter Estimates
Parameter Standard T for H0:
Variable DF Estimate Error Parameter=0 Prob > |T|
INTERCEP 1 -327.000000 0.00000000 . .
MID 1 1.000000 0.00000000 . .
RESTRICT -1 -160333359 127656027.57 -1.256 0.2126
RESTRICT -1 -9228.000000 8657.1278147 -1.066 0.2895
Restricted regression of bid_y = mid (intermediate winners) 10:34 Thursday, October 7, 1999 94
GRPSIZE=5
Model: MODEL1
NOTE: Restrictions have been applied to parameter estimates.
NOTE: Restrictions on intercept. R-square is redefined.
Dependent Variable: BID_Y
Analysis of Variance
Sum of Mean
Source DF Squares Square F Value Prob>F
Model 0 15440397984 . . .
Error 75 64850782 864677.09333
U Total 75 15505248766
Root MSE 929.88015 R-square 0.9958
Dep Mean 13414.88000 Adj R-sq 0.9958
C.V. 6.93171
Parameter Estimates
Parameter Standard T for H0:
Variable DF Estimate Error Parameter=0 Prob > |T|
INTERCEP 1 -327.000000 0.00000000 . .
MID 1 1.000000 0.00000000 . .
RESTRICT -1 -6338014 118058506.51 -0.054 0.9573
RESTRICT -1 7174.000000 8052.9983236 0.891 0.3759
Restricted regression of bid_y = mid (intermediate winners) 10:34 Thursday, October 7, 1999 95
GRPSIZE=1
Model: MODEL1
NOTE: Restrictions have been applied to parameter estimates.
NOTE: Restrictions on intercept. R-square is redefined.
Dependent Variable: BID_Y
Analysis of Variance
Sum of Mean
Source DF Squares Square F Value Prob>F
Model 0 23391889456 . . .
Error 110 131704549 1197314.0818
U Total 110 23523594005
Root MSE 1094.21848 R-square 0.9944
Dep Mean 13665.28182 Adj R-sq 0.9944
C.V. 8.00729
Parameter Estimates
Parameter Standard T for H0:
Variable DF Estimate Error Parameter=0 Prob > |T|
INTERCEP 1 -535.000000 0.00000000 . .
MID 1 1.000000 0.00000000 . .
RESTRICT -1 300642624 171029157.89 1.758 0.0816
RESTRICT -1 28187 11476.260236 2.456 0.0156
Restricted regression of bid_y = mid (intermediate winners) 10:34 Thursday, October 7, 1999 96
GRPSIZE=5
Model: MODEL1
NOTE: Restrictions have been applied to parameter estimates.
NOTE: Restrictions on intercept. R-square is redefined.
Dependent Variable: BID_Y
Analysis of Variance
Sum of Mean
Source DF Squares Square F Value Prob>F
Model 0 10039793277 . . .
Error 49 43186824 881363.7551
U Total 49 10082980101
Root MSE 938.80975 R-square 0.9957
Dep Mean 13494.91837 Adj R-sq 0.9957
C.V. 6.95676
Parameter Estimates
Parameter Standard T for H0:
Variable DF Estimate Error Parameter=0 Prob > |T|
INTERCEP 1 -535.000000 0.00000000 . .
MID 1 1.000000 0.00000000 . .
RESTRICT -1 -39274640 97744055.528 -0.402 0.6896
RESTRICT -1 4012.000000 6571.6682813 0.610 0.5444
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