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2 votes

Elasticity from differenced log-level regression

Your interpretation of $\beta$ as a semi-elasticity is correct, though I would say "1 percent increase in X as a proportion of the lagged total" rather than "percentage point." It ...
dimitriy's user avatar
  • 37.3k
1 vote

Addition of regression coefficients in Linear Probability Models?

This is a standard coding of binary predictors. We can forget all the other predictors in the model for a moments and just consider a single binary $X$ predictor representing gender; we'll say $X=0$ ...
Noah's user avatar
  • 35k
1 vote

How to explain Hazard Ratio in layperson's terms

What you really need to explain what hazard means. It goes like that: suppose someone tells you that there is a 50% probability that you are going to die during the next 20 years. This bad news but it ...
Yossi Levy's user avatar

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