[Gretl-users] ADF test results

Hi I'm new to Gretl (and econometrics!) and would need help to confirm that I read the results of an augmented Dickey Fuller test correctly: I have a series T=27 hypothesis of unit root : a=1 model : (1-L) y = b0 + b1*t + (a-1) * y(-1) + ... + e Coeff. autocorrelation of 1st order for e : 0.044 Estimated value of (a-1) : -0.19 Test statistic : tau_ct (1) = - 1.46 p. asymptotic critic : 0.552 => I should look at the test statistic which shows -1,46, which is negative, which means that my series can be considered as reasonably stationary and I can make an OLS regression: is this correct? Thanks a lot for the help! Mike _________________________________________________________________ New Windows 7: Find the right PC for you. Learn more. http://windows.microsoft.com/shop