以下是我的回归结果。num是自变量,n_a是num与a的交乘项,a是引入的调节变量(调节变量时虚拟变量,a=1时代表审计环境好,a=0时代表审计环境差)。第一列是不带调节变量的回归结果,第二列引入调节变量,即增加了n_a这个交乘项。请问这两个回归结果分别怎么分析呢?小白求教!求教!
| | (1) | (2) |
| m1 | m2 |
| VARIABLES | freq | freq |
| | | |
| num | 0.883*** | 0.942*** |
| (0.229) | (0.230) |
| n_a | | -1.876*** |
| | (0.721) |
| size | 9.508*** | 9.598*** |
| (0.212) | (0.215) |
| dinum | 0.0850 | 0.0927 |
| (0.145) | (0.145) |
| top1 | 0.0940*** | 0.0944*** |
| (0.0107) | (0.0107) |
| lev | 27.37*** | 27.18*** |
| (1.148) | (1.150) |
| ROA | -14.08*** | -14.22*** |
| (3.881) | (3.881) |
| tbq | -0.207 | -0.200 |
| (0.137) | (0.137) |
| soe | 7.111*** | 7.119*** |
| (0.354) | (0.354) |
| ln_mtotal | -1.680*** | -1.651*** |