From c8bc07863d6cfa5c8b4e99d9c6a0b092812f7a2f Mon Sep 17 00:00:00 2001 From: mmcky Date: Wed, 21 Feb 2024 12:07:43 +1100 Subject: [PATCH] remove tip --- lectures/simple_linear_regression.md | 6 +----- 1 file changed, 1 insertion(+), 5 deletions(-) diff --git a/lectures/simple_linear_regression.md b/lectures/simple_linear_regression.md index ea6e1493..137d4539 100644 --- a/lectures/simple_linear_regression.md +++ b/lectures/simple_linear_regression.md @@ -506,11 +506,7 @@ This data shows a couple of interesting relationships. 1. there are a number of countries with similar GDP per capita levels but a wide range in Life Expectancy 2. there appears to be a positive relationship between GDP per capita and life expectancy. Countries with higher GDP per capita tend to have higher life expectancy outcomes -Even though OLS is solving linear equations -- one option we have is to transform the variables, such as through a log transform, and then use OLS to estimate the transformed variables - -:::{tip} -ln -> ln == elasticities -::: +Even though OLS is solving linear equations -- one option we have is to transform the variables, such as through a log transform, and then use OLS to estimate the transformed variables. By specifying `logx` you can plot the GDP per Capita data on a log scale