I re scaled my dependent variable and main covariate by dividing by 1 million.
Should I divide my estimated coefficients by 1 million before interpretation since the ppml is a multiplicative model. Or how else can I interpret the results for the re scaled covaraite?
Should I divide my estimated coefficients by 1 million before interpretation since the ppml is a multiplicative model. Or how else can I interpret the results for the re scaled covaraite?
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