Thank you very much.
Why I ask so because Maarten suggests rescale the variable x before running -glm- if the approximation of slope is exceeding unit. What I asked is can we simply do it another way around: i.e., multiply the slope by a smaller change of x such as 1/100 unit of x rather than 1 unit of x, and then we can explain like by 1/100 unit change of x will increase a certain level of y, which will not exceed 1.
I don’t know if I make myself clear this time:)?
Best,
Xiaoqiang Cheng
University of Leuven
Tel +32 16 326853
Fax +32 16 326796
Mail Xiaoqiang Cheng
Center for Economic Studies
University of Leuven
Naamsestraat 69
Leuven, Belgium
B3000
Url www.econ.kuleuven.be/xiaoqiang.cheng
-----Original Message-----
From: [email protected] [mailto:[email protected]] On Behalf Of Nick Cox
Sent: 2006年10月2日 16:01
To: [email protected]
Subject: st: RE: RE: RE: RE: RE: RE: RE: RE: st: ´ð¸´: st: How to choose a proper model if the dependent variable is within bounds?
I don't think guessing is needed here, as this is basic
trigonometry, but yes,
vertical change = horizontal change X slope.
Nick
[email protected]
Cheng, Xiaoqiang
> Thank you very much.
>
> To make it clear, let's forget what I have said.
>
> What I want to know is, since dy/dx is the approximate slope
> and it should be explained as how much y will change respect
> to one unit change of x. In this case, I guess it will be
> right if we devide the value of the slope by 100 in order to
> know how much y will change respect to 1/100 unit change of x.
>
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