I just ran a multiple regression with 8 predictor variables. Two of them have a significant coefficient, which is 0.000.
How can I interpret this? I find it strange that an effect which basically is an effect of 0 turns out to be significant…
Thanks!
Best Answer
Is it basically zero or is it multiplied with large values in the tens of thousands? How many datasets were used? If many, then small effects become highly signifikant. In the end it burns down to the question of how large the coefficient and how large it's standard error is.