Questions
Questions

AS.440.606.50.SP25 M06: Assignment

Single choice

Changing the unit of measurement of any independent variable, where log of the independent variable appears in the regression:

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The question asks about what happens to a regression model when the unit of measurement of an independent variable changes, given that the log of the independent variable appears in the regression. First, consider a model of the form Y = β0 + β1 log(X) + ε. If you change the unit of X by a constant scaling factor k (i.e., X becomes kX), then log(kX) = log(k) + log(X). Thus the model with the transfo......Login to view full explanation

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