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How do you interpret a coefficient in a multiple linear regression?

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Answer

  • The coefficient βj\beta_{j} is the expected change in y per one-unit increase in xjx_{j} while holding all other features fixed — the partial or ceteris-paribus effect.
  • Sign gives the direction; magnitude depends on the scale of xjx_{j}.
  • If features are standardized, |βj  is\beta_{j} \mid \;\mathrm{is} comparable across features (standardized beta / beta weight).
  • Careful: 'holding others fixed' only makes sense if features are not perfectly collinear.
Check yourself — multiple choice
  • The coefficient equals the correlation with y
  • It's the expected change in y per unit increase in xjx_{j}, holding other features fixed
  • It's the R2R^{2} contribution of that feature
  • It's independent of other features

Coefficients are conditional (partial) effects — 'holding other features fixed'.

#linear-regression#interpretability

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