6.1 Effects of Data Scaling on OLS statistics (changing units of measurement)

[@AzharulIslam-mi8eu]

Thanks for this nice teaching tutorial

[@hadenwebster9621]

Thanks for the video! Quick question though - what happens to the OLS estimates if scaling is applied. For example, if the independent variable is scaled by a factor of 8, does estimation formula change in anyway?

[@lewists9475]

may i know which book is this from?

[@wordart4323]

woodlridge. By jeffrey

[@lewists9475]

@@wordart4323 thanks

[@lewists9475]

@@wordart4323 thanks a lot