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Thread: Interpreting a IV variable whose values have been changed

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    Interpreting a IV variable whose values have been changed




    Hello all,

    I'd just like to get advice on the following:

    I've got a few independent variables which had values ranging from -2.5 to 2.5.

    I used a formula to modify the values to be between the range [0, 1].

    Now I have a dependent variable (% of manufacturing GDP)...how would I interpret the coefficients on the IVs.

    What would a value of, for example, 0.4 on an IV mean?

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    Re: Interpreting a IV variable whose values have been changed


    I am guessing you are running multiple linear regression and you scaled your independent variables??


    Why did you scale them?


    I would imagine the results would be the same, but you would be on a different scale, so a 1 unit increase in IV results in a 0.4 increase in the dependent variable.

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