Hello,
In linear regressions or derivatives, if Beta (slope) or a result of a derivative is, for example, 5 then I say that the function is increasing at a rate of 5 units of Y per unit of X.
I say that because the slope of a linear regression is ΔY/ΔX and in the derivative there is limit of h approaching 0 and the difference quotient, which also comes from ΔY/ΔX idea. In both cases, we are interested in the slope.
Basically, when I interpret an linear regression or a derivative I replace this 5 in ΔY/ΔX, so 5 represents ΔY and ΔX in this case would be the denominator 1.
Is my interpretation correct or you make it in a different way?
In linear regressions or derivatives, if Beta (slope) or a result of a derivative is, for example, 5 then I say that the function is increasing at a rate of 5 units of Y per unit of X.
I say that because the slope of a linear regression is ΔY/ΔX and in the derivative there is limit of h approaching 0 and the difference quotient, which also comes from ΔY/ΔX idea. In both cases, we are interested in the slope.
Basically, when I interpret an linear regression or a derivative I replace this 5 in ΔY/ΔX, so 5 represents ΔY and ΔX in this case would be the denominator 1.
Is my interpretation correct or you make it in a different way?