Some Insights on Scaling/Standardizing
When we fit a statistical model, we usually scale our covariates to a mean of zero and standard deviation of one. But how does this actually influence the model and how does scaling change the way in which we need to interpret resulting model coefficients? Moreover, can we backtransform model coefficients from the scaled into the unscaled world? In this blog post, we’ll take a detailed look at scaling and examine why we scale, how to scale, and how to backtransform a model containing scaled covariates.
Posted by David D. Hofmann on Sunday, September 19, 2021