Just a basic question:
When running a OLS regression do I need to have all variables (dependent and independent) in the same format? Buy this I mean all percentages or all numeric values or can they be a mix i.e GDP growth rate(%) and total population(#), etc.?
Many thanks for any answer you can give!
Format of Variables
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Re: Format of Variables
No, they can be in any form you like. Of course, the interpretation of the coefficients will depend on the forms you choose.
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