Econ 203: Transformations
5 Cards in this Set
Front | Back |
---|---|
ln(y)
|
When se increases with y
|
ln(y)
|
When error distribution is positively skewed
|
y2
|
When s2e is proportional to y
|
y2
|
When error distribution is negatively skewed
|
1/y
|
When s2e increases significantly when y increases
|