This is the repository for the English version of the Future Elderly Model, originally developed at the Leonard D. Schaeffer Center for Health Policy and Microsimulation.
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Look at box cox transformation for the alcbase variable #86
Don't know a lot about this but I think its purpose it to transform a continuous variable to give it a more normal distribution. This should help to reduce the skew in the data for alcbase.
This article has a short introduction to box cox transformations and their implementation in R, whereas this free online textbook has more detail in a chapter (also just looks like a good free resource on forecasting).
Don't know a lot about this but I think its purpose it to transform a continuous variable to give it a more normal distribution. This should help to reduce the skew in the data for alcbase.
This article has a short introduction to box cox transformations and their implementation in R, whereas this free online textbook has more detail in a chapter (also just looks like a good free resource on forecasting).