Long-term optical flux and colour variability in quasars
N. Sukanya (1), C. S. Stalin (2), S. Jeyakumar (3), D.Praveen (4),, Arnab Dhani (5), R. Damle (6) ((1) Jain University, Bangalore, (2) Indian, Institute of Astrophysics, Bangalore, (3) Universidad de Guanajuato, Mexico,, (4) Amrita School of Engineering, Bangalore

TL;DR
This study analyzes long-term optical flux and colour variability in 59 quasars over 7.5 years, revealing that most quasars become bluer when brighter, with no lag between V and R band variations, and emphasizes the importance of proper statistical methods.
Contribution
It provides a comprehensive analysis of quasar variability using multiple statistical approaches, highlighting the limitations of OLS in colour variability studies.
Findings
Most quasars show a bluer when brighter trend.
No lag detected between V and R band variations.
OLS method is inadequate for colour variability analysis.
Abstract
We have used optical V and R band observations from the Massive Compact Halo Object (MACHO) project on a sample of 59 quasars behind the Magellanic clouds to study their long term optical flux and colour variations. These quasars lying in the redshift range of 0.2 < z < 2.8 and having apparent V band magnitudes between 16.6 and 20.1 mag have observations ranging from 49 to 1353 epochs spanning over 7.5 years with frequency of sampling between 2 to 10 days. All the quasars show variability during the observing period. The normalized excess variance (Fvar) in V and R bands are in the range 0.2% < Fvar < 1.6% and 0.1% < Fvar < 1.5%. In a large fraction of the sources, Fvar is larger in the V-band compared to the R-band. From the z-transformed discrete cross correlation function analysis, we find that there is no lag between the V and R-band variations. Adopting the Markov Chain Monte Carlo…
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