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st: Re: interpreting standardized coefficients in multiple regressions with product terms


From   "Martin Weiss" <martin.weiss1@gmx.de>
To   <statalist@hsphsun2.harvard.edu>
Subject   st: Re: interpreting standardized coefficients in multiple regressions with product terms
Date   Tue, 3 Mar 2009 21:23:01 +0100

<>

http://www.stata.com/support/faqs/res/statalist.html#noanswer


HTH
Martin
_______________________
----- Original Message ----- From: "Pek-Hooi Soh" <psa28@sfu.ca>
To: <statalist@hsphsun2.harvard.edu>
Sent: Tuesday, March 03, 2009 9:18 PM
Subject: st: interpreting standardized coefficients in multiple regressions with product terms


Hi Stata users, I used xtnbreg and standardized some of the key variables (listcoef does not work for nbreg) and estimated the regression.

Regarding the interpretation of standardized coefficients, I found some examples in Long and Reese (page 377-8) but they don't show regressions with interaction terms.

If I have a standardized regression with standardized coefficients -0.2 for X1 and 0.56 for X1 and X2, will a change of 1 st dev in X1 give the following effect on Y?
-0.2 + 0.56*(X2)

The change of 1 st dev in X2 is this.
1.67 + 0.56*(X1)

Do I assume a value of X1 and X2 in each case, by taking the min and max and calculating the resulting effect?

How do I compare the effects of X1 and X2 on Y if there effects range from a negative value to a positive value?

In an article it says if a standardized coefficient is closer to 1, it has a stronger effect on Y. Does this apply to a standardized regression with product terms?

Will appreciate your explanations and help.

Cheers

Pek



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