# Reading 8 example 2 Help!

I need help in example 2 reading 8 from the CFAI.

where it says ¨Because Sizei,t is the natural (base e or 2.72) log of sales, an increase of 1 in Sizei,t is the same as a 2.72-fold increase in sales. Thus, the estimated coefficient of approximately –0.7 for Sizei,t implies that every 2.72-fold increase in sales of the MNC (an increase of 1 in Sizei,t) is associated with an expected decrease of 0.7 in Tobin’s qi,t of the MNC, holding constant the other five independent variables in the regression

"Using Wiley for my CFA journey was by far the best option… I was able to pass on my first attempt.”– Moe E., Canada

Put 1 into your calculator, then press the ex button.  You’ll get 2.718281828 … .

Simplify the complicated side; don't complify the simplicated side.

Financial Exam Help 123: The place to get help for the CFA® exams
http://financialexamhelp123.com/

Well, that was easy. Thanks lol

My pleasure.

Simplify the complicated side; don't complify the simplicated side.

Financial Exam Help 123: The place to get help for the CFA® exams
http://financialexamhelp123.com/