Format of Variables
Posted: Wed Mar 20, 2013 5:09 pm
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!
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!