Dear Statalisters,
I am running a regression like this:
Y = a + b1*X1 + b2*X2 + e
Note that X1 and X2 are measured in the same units, but they have very different standard deviations.
In comparing the magnitude of the effects of X1 and X2 on Y, should I just compare the estimated b1 and b2, or should I consider the fact that the two variables have very different standard deviations and possibly standardize them?
Thank you
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