Great video! I understand why we should transform by (y^lambda-1)/lambda, following the formula - but why is the actual transform then just y^lambda? If we, for example, obtain lambda=1/2 the transformation equals a square root transformation and not (y^1/2-1)*2
Hilarious and helpful - George Box would approve and I suspect you’ve got AS like myself
This video is excellent. Coming from someone who does modeling for a living.
Wonderful, full of intuition! :)
bro this is really good. thanks
Great video! I understand why we should transform by (y^lambda-1)/lambda, following the formula - but why is the actual transform then just y^lambda? If we, for example, obtain lambda=1/2 the transformation equals a square root transformation and not (y^1/2-1)*2
Not sure who you are but this is awesome
OMFG how did you meme this into my brain
Thank you
Awesome!!
Amazing video mate.
2024
you are awesome bro