Provide a substantive interpretation for these five standardized coefficients (using the most appropriate standardized coefficient). I did one for age, and I want o know if I am on the right track.

• Age
  • X-Standardized
    • For every standard deviation increase in age, realinc is expected to increase by 0.03 units, holding all else constant.
  • Y-Standardized
    • For every one-unit increase in age, realinc is expected to increase by 0.03 standard deviations, holding all else constant.
  • XY-Standardized
    • For every standard deviation increase in age, realinc is predicted to increase by 0.03 standard deviation, holding all else constant.

listcoef, help regress (N=2146) : Unstandardized and Standardized Estimates Observed SD: 31184.226 SD of Error: 28520. 15 realinc | b t P>It| bStdX bStdY bStdXY SDofX age 52. 94943 1. 510 0. 131 940. 1282 0. 0017 0. 0301 17. 7552 female -4. 214e+03 -3. 403 0. 001 -2. 10e+03 -0. 1351 -0. 0673 0. 4981 black -1. 096e+04 -6. 469 0. 000 -4. 06e+03 -0. 3514 -0. 1303 0. 3708 other -4. 489e+03 -2.200 0. 028 -1. 40e+03 -0. 1439 -0. 0448 0. 3112 educ 3894. 25281 18. 281 0. 000 1. 14e+04 0. 1249 0. 3656 2. 9276 b = raw coefficient t = t-score for test of b=0 P> |t| = p-value for t-test bStdX = x-standardized coefficient bStdY = y-standardized coefficient bStdXY = fully standardized coefficient SDofX = standard deviation of Xreg realinc age female black other educ, beta Source | SS df MS Number of obs = 2, 146 F (5, 2140) 84. 89 Model 3. 4524e+11 5 6. 9049e+10 Prob > F 0. 0000 Residual 1. 7407e+12 2, 140 813398941 R-squared 0. 1655 Adj R-squared 0. 1636 Total 2. 0859e+12 2, 145 972455973 Root MSE 28520 realinc | Coefficient Std. err. t P>| t| Beta age 52. 94943 35. 07059 1. 51 0. 131 . 0301476 female -4214. 316 1238. 271 -3.40 0. 001 -. 0673103 black -10959. 39 1694. 174 -6. 47 0.000 -. 1303168 other -4488 . 519 2039. 868 -2.20 0. 028 -. 0447894 educ 3894. 253 213. 025 18.28 0. 000 . 3655907 cons -17999. 61 3662. 349 -4.91 0. 000