Coefficients in regression analysis represent the change in the dependent variable for a oneunit change in the independent variable from "summary" of Introduction to Econometrics by Christopher Dougherty
The coefficients in regression analysis provide valuable insights into the relationship between the independent and dependent variables. Specifically, these coefficients indicate how the dependent variable is expected to change for a one-unit increase in the independent variable. This relationship is essential for understanding the impact of the independent variable on the dependent variable.
By examining the coefficients in a regression analysis, researchers can gain a deeper understanding of the dynamics at play in the data. For example, a positive coefficient suggests that as the independent variable increases, the dependent variable is also expected to increase. On the other hand, a negative coefficient indicates that as the independent variable increases, the dependent...
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