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13.6: Interpretation of Regression Coefficients- Elasticity and Logarithmic Transformation
https://stats.libretexts.org/Courses/Fresno_City_College/Book%3A_Business_Statistics_Customized_(OpenStax)/13%3A_Linear_Regression_and_Correlation/13.06%3A_Interpretation_of_Regression_Coefficients-_Elasticity_and_Logarithmic_Transformation
From the calculus, the slope of the line is the first derivative and tells us the magnitude of the impact of a one unit change in the \(X\) variable upon the value of the \(Y\) variable measured in th...From the calculus, the slope of the line is the first derivative and tells us the magnitude of the impact of a one unit change in the \(X\) variable upon the value of the \(Y\) variable measured in the units of the \(Y\) variable.
13.6: Interpretation of Regression Coefficients- Elasticity and Logarithmic Transformation
https://stats.libretexts.org/Courses/Fresno_City_College/Introduction_to_Business_Statistics_-_OER_-_Spring_2023/13%3A_Linear_Regression_and_Correlation/13.06%3A_Interpretation_of_Regression_Coefficients-_Elasticity_and_Logarithmic_Transformation
From the calculus, the slope of the line is the first derivative and tells us the magnitude of the impact of a one unit change in the \(X\) variable upon the value of the \(Y\) variable measured in th...From the calculus, the slope of the line is the first derivative and tells us the magnitude of the impact of a one unit change in the \(X\) variable upon the value of the \(Y\) variable measured in the units of the \(Y\) variable.
8.6: Interpretation of Regression Coefficients- Elasticity and Logarithmic Transformation
https://stats.libretexts.org/Courses/Saint_Mary's_College_Notre_Dame/BFE_1201_Statistical_Methods_for_Finance_(Kuter)/08%3A_Linear_Regression_and_Correlation/8.06%3A_Interpretation_of_Regression_Coefficients-_Elasticity_and_Logarithmic_Transformation
From the calculus, the slope of the line is the first derivative and tells us the magnitude of the impact of a one unit change in the \(X\) variable upon the value of the \(Y\) variable measured in th...From the calculus, the slope of the line is the first derivative and tells us the magnitude of the impact of a one unit change in the \(X\) variable upon the value of the \(Y\) variable measured in the units of the \(Y\) variable.

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