# High Standard Errors for Coefficients imply Model is bad?

Suppose we have a regression model. If we get estimated of some of the coefficients and the standard errors are high, does this mean that the model is wrong/bad? How exactly do statistical packages choose regression models (in particular ordinal regression)?

• What do you mean by "How exactly do statistical packages choose regression models (in particular ordinal regression)?"? Are you asking how the models are fit? – Macro Jan 9 '13 at 13:36