S4E17 Variable Transformations: Box-Cox, Fox in Socks
Quantitude
00:00
Using Linear Transformations in a Modeling Environment
Sometimes I felt like a wizard when someone would come into my office because they were running a model where one of the variables was something like SAT scores. Try manipulating a matrix where the diagonals range from 10,000 down to.25 and it would just blow software's mind. So we use linear transformations all the time. But ever that transformation is make a new Y star out of Y. Okay. I'm going to pop quiz you Hancock. Oh, geez. All right.
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