Today I spent my day with my data. It was lovely. This is definitely my favorite part of grad school!!
I am working on Bass Diffusion Models. There are three steps in order to use these models:
- Estimate the parameters.
- Get standard errors and t-values on those parameters.
- Do forecasts.
Today I focus on Step 1.
It is going well, and I have run the parameter estimations successfully!
After an hour-long meeting with one of my mentors – and a 15 minute meeting with another, I know I am on the right track!