The fixed effects estimates indicate that the average baseline cognition score is 50.560 (SE = 0.115, p < 0.001), with cognition declining by approximately 0.354 points per biannual assessment (Time coefficient = -0.354, SE = 0.044, p < 0.001), confirming a significant negative trajectory over time.
The random intercept variance (τ₀₀ = 83.20) suggests substantial individual differences in baseline cognition scores, reinforcing the need to account for between-person variability. The intraclass correlation (ICC = 0.69) indicates that a large proportion (69%) of the total variance in cognition scores is attributable to differences between-individuals rather than within-person fluctuations over time. Since no random slope is included, this model assumes a common rate of cognitive decline across all participants, capturing individual differences only in their starting cognition levels.