Can you explain how to interpret regression results?
Sure! Regression results typically include coefficients, p-values, and R-squared values. Would you like to know about each of these?
Yes, please explain the coefficients first.
Coefficients represent the change in the dependent variable for a one-unit change in the independent variable, holding other variables constant.
What about the p-values?
P-values indicate the statistical significance of each coefficient. A p-value less than 0.05 usually suggests that the coefficient is significantly different from zero.
And R-squared?
R-squared measures the proportion of variance in the dependent variable that can be explained by the independent variables. A higher R-squared indicates a better fit.
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