Hi all
I am running a fixed effects model with independent variable, TotalFundingADA, and dependent variable, SBELAL3_1. My independent variable is a school's funding per student. While the "least-funded" schools get 33 dollars per student, the "most-funded" school gets 246.849 dollars per student. When running my fixed effects regression I get that a one-unit change (1 dollar) in TotalFundingADA leads to a .01 change in SBELAL3_1. SBELAL3_1 goes from 2200 to 2500, so it is a very small increase.
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Is it possible to run a regression where I look at percentage increase in my independent variable. For example a 10 percent increase in funding leads to an .xx change in my dependent variable.
Thank you in advance!!!
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