But isn't everything interacting?

You just explained to the client that your model doesn't capture interaction effects, and now they don't trust it. How do we deal with it?

Based on Experience

Vetted industry professionals, that have experience working with these companies and others, consulted in an advisory capacity to ensure the content of this course was realistic.

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This is a work of fiction. Unless otherwise indicated, all the names, characters, businesses, places, events and incidents in this course are either the product of the author's imagination or used in a fictitious manner. Any resemblance to actual persons, living or dead, or actual events is purely coincidental.

Photo by Israel palacio on Unsplash
Plan:
Premium
Role:
Analyst
What You'll Learn:

How do you answer the question "But isn't everything interacting?" – learn how Multiplicative Models can help you find the answer!

Multiplicative Models

Most models assume the difference variables are independent, but in reality they often interact. Multiplicative models can help capture these non-linear effects. Read More

This Course Includes:

2 Chapters

19 Sections

2 Exercises

Completed in:

18 minutes

Course curriculum

ChapterSectionsExercises
1. Is that a valid assumption?7
2. Log Linear and Log Log Models12

Frequently Asked Questions

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