Hello Statalisters,
I probably have an easy to answer question. However, I couldn't find the answer online, it is a question regarding interpreting results in following situation.
1. dependent variable is log
2. independent variable is in % (in my dataset 1% = 0.01, 10%=0.10 etc)
When the independent variable b1 is positive and significant; for example: 2.034***
What is then the effect on the dependent variable (in percentage) if there is a 1 percent increase in the independent variable b1.
Thank you very much! Really appreciate your help
Best Dominique
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