Closed ijyliu closed 3 years ago
@marionoro I think you said you are working on this? Should I implement it in the empirical section?
Oh wait, nevermind, i see #64
For the comparson between avarage, in the simulation we should take log of the true varaible and/or rescale (I prefer by -1), and then do the comparison. The same for IV!
We can close this if we did it for the simulation section.
I didn't do it for the empirical section but maybe we don't need to? I'm not sure on this point, can someone clarify? @nicomarto
I do not think you need to do it for the empirical section. We just wanted to do that to look at what would happen if the covariate measurements were on different scales from each other.
Ok, this makes sense. All empirical items seem to be rougly on the same scale- dollars
Especially working with shares.
From https://github.com/ijyliu/ECMA-31330-Project/issues/45#issuecomment-845292075: