The red line in box-cox transformationHi,
I would appreciate it if someone could clarify what the horizontal red line represents on the box-cox transformation plot and how it is calculated.
Thank you.
Link to the official documentation: https://www.jmp.com/support/help/13-2/Box_Cox_Y_Transformation.shtml
Re: The red line in box-cox transformation
Looks like that description is missing from JMP 13 and earlier documentation. Here's a snippet from the "Fitting Linear Models" book in JMP 14 (early adopter version, not publicly available). I assume JMP is ok with sharing this:
