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    Percentage change of dependent variable (MLR)

    Greetings,

    I went through SPSS regression analysis of a certain dataset, tested assumptions, and finally I got a multiple regression model: y=292.953+9.548x_1+14.982x_3+8.907x_5+16.808x_7

    Now suppose that next year x_1 is expected to increase by 50% (other assumed to stay the same). I am asked to estimate an effect on y. What is the best way to tackle this problem?

    Thank you in advance.

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    Re: Percentage change of dependent variable (MLR)

    Do you know how to get the predicted value of y given the model you presented. Well you could times the value of X1 by 1.5. Do you want to tell us more about the model variables?
    Stop cowardice, ban guns!

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    Re: Percentage change of dependent variable (MLR)

    Quote Originally Posted by hlsmith View Post
    Do you know how to get the predicted value of y given the model you presented. Well you could times the value of X1 by 1.5. Do you want to tell us more about the model variables?
    Sure I did it, but then I decided to approach the task in the following way. I randomly assign values within a 95% CI of the mean and subsequently multiply x1 by 1.5 and compare both results. Y increases by 23-25% on average. Should be valid approach. What do you think?

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    Re: Percentage change of dependent variable (MLR)

    Quote Originally Posted by bellcross View Post
    Sure I did it, but then I decided to approach the task in the following way. I randomly assign values within a 95% CI of the mean and subsequently multiply x1 by 1.5 and compare both results. Y increases by 23-25% on average. Should be valid approach. What do you think?
    I think it is wrong. Why should it be "valid"?

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