Time series data
Posted: Fri Nov 11, 2016 1:13 pm
Hello everyone,
I have a small problem and I hope that someone can help me. I have time series data which I tried to analyse with SmartPls. The problem is that I don't know who to control the factor "trend". I have choosen data for health care, education and economy from 2000 - 2015. The values of health care are decreasing in this time frame the values of economy are increasing. Can I add a latent variable for time? Or is there any other solution how I can control this?
I would be thankful for any idea or help.
I have a small problem and I hope that someone can help me. I have time series data which I tried to analyse with SmartPls. The problem is that I don't know who to control the factor "trend". I have choosen data for health care, education and economy from 2000 - 2015. The values of health care are decreasing in this time frame the values of economy are increasing. Can I add a latent variable for time? Or is there any other solution how I can control this?
I would be thankful for any idea or help.