Dears
Being from IT , I have some queries on the Math behind :
I am working in python where most models are under Generalised Linear model category ...
I am doing a Linear Regression (and its other forms like Lasso - ultimate aim is to find feature importances)
My Y is a continuous variable. My Xs are all standardized (meaning : x-xmean/xstd.dev)
Interpretation of Log-Linear Beta Coefficients under the following cases :
My data is server data and some IVs are like: X1 = % of time spent in executing user programs , X2 = % of time spent executing Kernel jobs, etc. and there are other numeric IVs as well (upto 1300 IVs)
Please assume:
1. all my IVs / Xs are standardized
2. my target Y (resource usage) is natural log so that I can get the percentage change in Y due to X (also to remove the skewness of Y)
so ln(Y) = b1X1 + b2X2 + .....
My doubts:
a. How can I interpret % change in Y given Xs are standardized ?
b. How can I interpret % change in Y given Xs are already a % ?
I have read previous posts and I understand that the Coefficients b1 and b2 have to be read as :[ exponential(b1) -1 ] *100
Please check my understanding below for above 2 queries:
a. % change in Y for 1 standard deviation change in X1 (say std.dev is 3.5) is [ exp(b1) -1 ] *100 / 3.5
or should I do :
% change in Y for 1 standard deviation change in X1 (say std.dev is 3.5) is [ exp{ b1 / std.dev(X1) } -1 ] *100 / 3.5
b. I am confused for this part - whether I should interpret as a percentage-point or just leaves them as percentages..
Regards
Sherin