Standardized and Unstandardized Coefficient in Regression(regression)(path analysis)

[@HelicosAnalytics]

Great tutorial. Thanks for sharing.

[@Ashulekha]

Thank you

[@simozamb7835]

Thank you deeply. Everything very clear. I have two questions. Question 1: sometimes, I have seen some papers that devide for the mean value of Y (instead od the standard deviation of Y). What is the difference in terms of interpretation of the beta coefficient? Question 2: when I have logit and probit models, for the interpretation of the economic significance, is it sufficient that I calculate the marginal effect, right? I thank you deeply for your reply and your very interesting video! Thanks!!

[@Dr_Shiny]

Great Video. The reference from ScienceDirect was helpful. Would you please elaborate on, whether can we report the standardized regression coefficients in terms of %-Percentage change? i.e. Percentage change in X on Y. E.g. Y = -0.20.X (interest rate) Here can we interpret that a 1% Decrease in X (interest rate) would lead to a 20% increase in Y. ???