I would have thought there'd be an answer to this question on here already, but I've been unable to find it, so I apologize if this is a repost.
If I have a regression model of the form Y ~ X + X^2
, and both the X
and X^2
terms come back significant, can I safely interpret both of these results? For example, let's say the coefficients for both X
and X^2
are significantly positive, would it be appropriate to write something like this: "Y is significantly increasing as X increases (interpreting the linear X
term) at a significantly increasing rate (interpreting the quadratic X^2
term)"?