I'm running logistic regressions using statsmodels logit and, downstream, am calculating odds ratios for each independent variable (i.e., exp(B)).
I know that, conventionally, an odds ratio is interpreted per "one unit" increase in the value of the variable. I think my ultimate question is how can I know what "one unit" really is here, and if it depends upon the precision of the data for the relevant column.
One parameter, respiratory_rate, has values in integers (22, 26, 30, 12, etc.). So I can assume a one unit increase in respiratory_rate would be one whole number.
However, a second parameter, temperature, has values with decimal points to the tenths place (97.8, 98.4, 99.5, 100.3, etc.). Here, for the odds ratio for temperature, is the "one unit increase" an increase in tenths, i.e., an increase of 0.1?
(I thought this could potentially be specific to the regression engine, i.e. statsmodels, hence why I posted here vs. stats.stackexchange)