Dear respected Members
Pls, I am using xtlogit in my model. Due to large coefficients, a famous Professor in this forum advised me to multiply the affected variables by 100. I followed the thread titled "Percentages versus proportions as explanatory variables" that was posted on 23 Apr 2014, 16:19 by Tellvictor.
Pls, could anyone help me on how to solve the following issues with regards to explanatory variables in percentages?
1. How do I calculate odd ratio interpret them ratios when my explanatory variables in percentages (for example 55.32 instead of 0.55.32)? Am aware on how to calculate and interpret them when they are in proportion.
2. How do I interpret marginal effects when my explanatory variables in percentages (or example 55.32 instead of 0.55.32)? Am aware on how to calculate and interpret them when they are in proportion.
Your suggestions are highly welcome and appreciated
Adamu
Pls, I am using xtlogit in my model. Due to large coefficients, a famous Professor in this forum advised me to multiply the affected variables by 100. I followed the thread titled "Percentages versus proportions as explanatory variables" that was posted on 23 Apr 2014, 16:19 by Tellvictor.
Pls, could anyone help me on how to solve the following issues with regards to explanatory variables in percentages?
1. How do I calculate odd ratio interpret them ratios when my explanatory variables in percentages (for example 55.32 instead of 0.55.32)? Am aware on how to calculate and interpret them when they are in proportion.
2. How do I interpret marginal effects when my explanatory variables in percentages (or example 55.32 instead of 0.55.32)? Am aware on how to calculate and interpret them when they are in proportion.
Your suggestions are highly welcome and appreciated
Adamu
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