Module 6

Scaling and Coefficient Interpretation

Convert slopes across wage units and confirm that fitted relationships do not change when units are handled correctly.

Loading notebook...scalingunit conversioncoefficient interpretation

Notebook lab guide

Related dataset

M6_WAGE_SCALING

Estimated time

25 to 40 min

Packages

pandas, numpy

Expected output

Printed Python results that can be compared with the lesson explanation.

Learning goals

Common errors

File not found: check that M6_WAGE_SCALING.csv is installed or use the course data folder.
Package import error: use the browser notebook first, then download for local Jupyter if your local packages differ.
Column name error: compare your variable names with the dataset variables listed for this notebook.

Dataset path helper

import pandas as pd

df = pd.read_csv("/data/module-6/M6_WAGE_SCALING.csv")
df.head()

Loading notebook runner...