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moonkcho
Calcite | Level 5

Hello,

 

Would you please show me an example of getting a marginal effect for the continuous variable dependent?

For example, our dependent variable is $ amount; the independent variables are either a dichotomous variable or continuous variable.

Looking forward to hearing back from you soon!

 

Thanks,

Moon 

1 REPLY 1
PaigeMiller
Diamond | Level 26

The slope of a continuous predictor is the "marginal effect".

 

If you have a dichotomous predictor, I guess I don't associate the phrase "marginal effect" with this situation, but there is certainly an effect due to changing from one level to another of the dichotomous predictor, if you have the dichotomous predictor coded as (0,1) it again is the slope.

--
Paige Miller

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