0
$\begingroup$

I have included the results that I got from a homework problem, but am a bit confused on how to interpret them. The dataset contains information from schools about vaccination rates and exemptions along with enrollment and school type. Enrollment I can interpret just fine but what I'm having trouble with is the pubprivPUBLIC coefficient. It is binomial, where public is 1 and private is 0. Even though the p-values are above 0.05, I still need to be able to interpret this type of coefficient.

How do I interpret the pubprivPUBLIC coefficient?

enter image description here

$\endgroup$
1

1 Answer 1

1
$\begingroup$

The coefficient on such an indicator variable indicates the difference in mean outcome between 0 and 1 values when other predictors are held constant. Outcomes are on average 0.184 lower when public rather than private or 0.184 higher other way round.

(I would say here indicator or binary rather than binomial, but there are many competing terms for (0, 1) variables. Economists in particular seem compelled to use the ugly term "dummy variable", all too often misunderstood within social science as disparaging.)

$\endgroup$
1
  • $\begingroup$ Thank you so much! $\endgroup$ Dec 9, 2022 at 14:36

Your Answer

By clicking “Post Your Answer”, you agree to our terms of service and acknowledge you have read our privacy policy.

Not the answer you're looking for? Browse other questions tagged or ask your own question.