In my regression model I have exponentiated my coefficients, since I understand that coefficients are not directly interpretable.
Problem is, all examples of odds ratios given in books are of binary categorical independent variables.
I don't understand how it works with an independent variable with 5 levels. Do you simply multiply the odds ratio by the number of levels you have moved?
Does this mean that as you move from 1 level to the next the odds of the outcome changing are the values in each box?