Lesson 6 Flashcards
1
Q
What is the focal effect
A
2
Q
What is the difference between partial effect and conditional effect?
A
Partial effect shows only effect of one variable using the other.
Conditional effect shows effect of one variable as a function of the other variable
Conditional changes depending on the value of the other variable
3
Q
Why would you center the data?
A
It centers the data around a more average point, making it more interpretable, calculative, and stable
3
Q
A
