local coeffcients

Local coefficients are statistical values that measure the strength and direction of the relationship between two variables within specific parts or regions of a dataset. Unlike a global coefficient, which provides an overall measure, local coefficients highlight how this relationship varies across different areas or groups. Think of them as a way to see if the connection between variables holds consistent everywhere or if it changes depending on the location or subgroup. This helps researchers identify local patterns and understand more nuanced, region-specific dynamics within the data.