Hey everybody,
I did an regression and have some problems to interpret my results.
My independent variable of interest is rank. The variables ranges between 0 and 1 but is not a dummy variable.
How can I interpret the effect from rank on return?
Someone told me to use the standard deviation. But I don't know how...
Best wishes
Benedikt
I did an regression and have some problems to interpret my results.
My independent variable of interest is rank. The variables ranges between 0 and 1 but is not a dummy variable.
Code:
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return | Coef. Std. Err. t P>|t| [95% Conf. Interval]
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rank | -.0029397 .0012957 -2.27 0.023 -.0054799 -.0003996
Someone told me to use the standard deviation. But I don't know how...
Best wishes
Benedikt