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  • Variable scaling for index

    Hello, I am trying to create an index using two variables, one is a binary indicator and the other is a 5-point likelihood scale. What is the best way to standardized the latter to be consistent with the former?

  • #2
    Naturally (whatever - 1) / 4 maps [1, 5] to [0,1]. I don't know what other solutions you had in mind.

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