Examples of Transformations
Equation:
Meaning: A unit increase in X is associated with an average of b units increase in Y.
Equation: (From exponentiating both sides of the equation: )
Meaning: A unit increase in X is associated with an average of 100b% increase in Y.
Equation:
Meaning: A 1% increase in X is associated with an average b/100 units increase in Y.
Equation: (From taking the log of both sides of the equation: )
Meaning: A 1% increase in X is associated with a b% increase in Y.
Read more about this topic: Data Transformation (statistics)
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