Hi,
Similar to the case proposed by
http://groups.google.com/group/sci.stat.math/browse_thread/thread/04f2f87c22564319?hl=en#
Suppose y is yield of wheat per acre and one x is irrigation in
gallons per acre and another is fertilizer in pounds per acre. Then
the regression coefficients tell you the effect of using water versus
fertilizer. But if you want to compare "sensitivity," you have to take
a stand on how much would be a big change in water versus a big change
in fertilizer.
-Dick Startz- Hide quoted text -
So if I want to know sensitivity of yield of wheat per acre Y to
irrigation in gallons per acre X, how to determine "a big change in
water " and a reasonable change?
Is it one standard deviation of X? two stdev of X?
Thank you in advance.
Mike