Dear Statalist,
I am running a linear probability model with categorical variables. Some of the independent variables have two categories, some of them have three categories. I want to compare the relative strength of the effect of these variables on the dependent variable. Is adding the beta option to the regress command and thus standardizing the coefficients of categorical independent variables plausible in tihs context? I am hesitating whether it makes sense or not to standardize categorical variables. Would you have any resource recommendations for this topic?
Kind regards,
Elif.
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