A environmental researcher living in the Amazon was interested in seeing how monthly rainfall was correlated with the number of different species he saw in the rain forest each month. He recorded both rainfall and the number of species he saw for 15 randomly selected months. When he was analyzing the data he decided to perform a Box Cox transformation and he derived a lambda equal to 0.0021.
What transformation does this value of lambda suggest?
Group of answer choices
With a lambda close to 0, it looks like we should take the log of y.
With a lambda close to 0, it does not look like we need to re-express this data in any way.
With a lambda close to 0, it looks like we should take the square root of y.
With a lambda close to 0, it looks like we should take the log of x.
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