There is a bit of art and experience to model building. You need to build a model to answer your research question but how do you build a statistical model when there are no instructions in the box?
Should you start with all your predictors or look at each one separately? Do you always take out non-significant variables and do you always leave in significant ones?
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Ratios are everywhere in statistics—coefficient of variation, hazard ratio, odds ratio, the list goes on. You see them reported in the literature and in your output.
You comment on them in your reports. You even (kinda) understand them. Or, maybe, not quite?
Please join Elaine Eisenbeisz as she presents an overview of the how and why of various ratios we use often in statistical practice.
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