# How to interpret coefficients which do not have the hypothesised sign but are also not statistically significant?

If I have hypothesized that a variable $x$ will have a positive effect on $y$, but the analysis shows that the effect is negative, but not significant, how should I interpret these results? Should I say that the results do not support my hypothesis, yet that it is not conclusive whether this is true only for the sample or also for the entire population?

• It also depends what your standard errors are, how much power your statistical tests have. If your tests have no power, failing to reject the null doesn't mean much of anything. On the other hand, if your standard errors are minuscule and you fail to reject the null, it suggests the effect is near zero. – Matthew Gunn Aug 31 '16 at 1:30

So $H_0=\beta>0$, with $H_a\leq 0$