How to explain BFinclusion for regression analyses?
I am using JASP 0.8.5.1 for Bayesian Regression analyses. To report bayes factors for each factor in my model, I used the "Effects" box and get a BFinclusion value for every factor. I am struggling with how to report these factors and how to explain what these numbers mean. Is it correct to say that this is the average effect of including the respective factor over all possible models given the factors included in my regression analysis?
Thanks in advance!