I've searched the internet and textbooks, but cannot find an answer to this question. Please help me out! It's a final step in my thesis.
I have a SEM path model, consisting of all direct effects, and one mediator path. This mediator path is included in my SEM to control for the simultaneous...
I'm running a bunch of regressions on a series of stock returns (decimal values).
One of the models is:
r_t = a0 + b1*rm_t + e
where r_t is the stock return and rm_t is the market return (both decimal values).
My interpretation is that a0 is the mean return of r_t, and that...