Dear Professors,
Please, I have been trying to use a loop in finding an average point that
gives a threshold effect on the dependent variable giving a criterion (such
as lowest AIC or BIC).
Y = a + bX + c(X-X*) + e
Where Y is the dependent variable, and X is the independent variable.
Please, if anyone has ever done something like appreciate it if the code
can be shared.
I am eager to learn.
Thanks.
John