Answer to Question #219246 in Economics for Meher

Question #219246


(a)  Which of the following indicators need to be log-transformed before constructing its index?

              i.    Life expectancy at birth (LE)

             ii.    Expected years of schooling of children (EYSC)

           iii.    Mean years of schooling of adults (MYSA)

            iv.    GNI per-capita





1
Expert's answer
2021-07-21T10:08:02-0400

Life expectancy at birth need to be log-transformed before constructing its index to improve results of the model's findings.

So, the correct answer is i.


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