Box-Cox Normality Plot
# observations x10
maximum correlation0.981668841261037
optimal lambda-0.5
transformation formulafor all lambda <> 0 : T(Y) = (Y^lambda - 1) / lambda


Obs.OriginalTransformed
12024851.99555539093736
2231302.131.9958414667372
3227730.771.99580898574151
440384.621.99004773353814
51456659.161.99834289120019
633035.471.98899627442939
753823.151.99137924227414
858371.021.99172188692317
964177.031.99210521716409
1022558.091.98668384526218


Maximum Likelihood Estimation of Lambda
> summary(mypT)
bcPower Transformation to Normality 
  Est Power Rounded Pwr Wald Lwr Bnd Wald Upr Bnd
x    -0.382           0      -0.9516       0.1876
Likelihood ratio test that transformation parameter is equal to 0
 (log transformation)
                           LRT df    pval
LR test, lambda = (0) 1.935387  1 0.16417
Likelihood ratio test that no transformation is needed
                           LRT df       pval
LR test, lambda = (1) 26.94696  1 2.0912e-07