Anon

Regression Models with Categorical Variables 123

tAble 6.1 (continued)

Issue #

Spread,

11/28/05

CCC+

and

Below Coupon

Coverage

Ratio

Logged

EBIT

Spread,

6/6/05

CCC+

and

Below Coupon

Coverage

Ratio

Logged

EBIT

19 266 0 6.250 3.276 2.744 298 0 6.250 3.107 2.653

20 308 0 9.250 3.276 2.744 299 0 9.250 3.107 2.653

21 263 0 7.750 2.096 1.756 266 0 7.750 2.006 3.038

22 215 0 7.190 7.096 3.469 259 0 7.190 6.552 3.453

23 291 0 7.690 7.096 3.469 315 0 7.690 6.552 3.453

24 324 0 8.360 7.096 3.469 331 0 8.360 6.552 3.453

25 272 0 6.875 8.612 1.865 318 0 6.875 9.093 2.074

26 189 0 8.000 4.444 2.790 209 0 8.000 5.002 2.756

27 383 0 7.375 2.366 2.733 417 0 7.375 2.375 2.727

28 207 0 7.000 2.366 2.733 200 0 7.000 2.375 2.727

29 212 0 6.900 4.751 2.847 235 0 6.900 4.528 2.822

30 246 0 7.500 19.454 2.332 307 0 7.500 16.656 2.181

31 327 0 6.625 3.266 2.475 365 0 6.625 2.595 2.510

32 160 0 7.150 3.266 2.475 237 0 7.150 2.595 2.510

33 148 0 6.300 3.266 2.475 253 0 6.300 2.595 2.510

34 231 0 6.625 3.266 2.475 281 0 6.625 2.595 2.510

35 213 0 6.690 3.266 2.475 185 0 6.690 2.595 2.510

36 350 0 7.130 3.266 2.475 379 0 7.130 2.595 2.510

37 334 0 6.875 4.310 2.203 254 0 6.875 5.036 2.155

38 817 1 8.625 1.780 1.965 635 0 8.625 1.851 1.935

39 359 0 7.550 2.951 3.078 410 0 7.550 2.035 3.008

40 189 0 6.500 8.518 2.582 213 0 6.500 13.077 2.479

41 138 0 6.950 25.313 2.520 161 0 6.950 24.388 2.488

42 351 0 9.500 3.242 1.935 424 0 9.500 2.787 1.876

43 439 0 8.250 2.502 1.670 483 0 8.250 2.494 1.697

44 347 0 7.700 4.327 3.165 214 0 7.700 4.276 3.226

45 390 0 7.750 4.327 3.165 260 0 7.750 4.276 3.226

46 149 0 8.000 4.327 3.165 189 0 8.000 4.276 3.226

47 194 0 6.625 4.430 3.077 257 0 6.625 4.285 2.972

48 244 0 8.500 4.430 3.077 263 0 8.500 4.285 2.972

49 566 1 10.375 2.036 1.081 839 1 10.375 2.032 1.014

50 185 0 6.300 7.096 3.469 236 0 6.300 6.552 3.453

51 196 0 6.375 7.096 3.469 221 0 6.375 6.552 3.453

52 317 0 6.625 3.075 2.587 389 0 6.625 2.785 2.551

53 330 0 8.250 3.075 2.587 331 0 8.250 2.785 2.551

54 159 0 6.875 8.286 3.146 216 0 6.875 7.210 3.098

55 191 0 7.125 8.286 3.146 257 0 7.125 7.210 3.098

56 148 0 7.375 8.286 3.146 117 0 7.375 7.210 3.098

57 112 0 7.600 8.286 3.146 151 0 7.600 7.210 3.098

(continued)