[Limdep Nlogit List] Interpretation of Mixed logit model

[FAN Zhou]

Hi all,


I have run a Mixed logit model with Nlogit 6. But I am confused by the results.


I was wondering how to interpret the insignificant mean but significant standard distribution for a random parameter. For example, if I set "cost" as random parameter, the mean 'B_COST' is insignificant but its associated standard deviation "NsCOST" is significant. Does results like this make sense?


I appreciate any help.


Cheers,

Fan