What is a standardized regression coefficient?
1 Answer
Oct 27, 2015
estimates resulting from a regression analysis
Explanation:
In statistics, standardised coefficients or beta coefficients are the estimates resulting from a regression analysis that have been standardised so that the variances of dependent and independent variables are #1#.
Try to understand the advantage of standardised regression coefficients that these ignore the independent variable's scale of units, which makes comparisons easy.
For further information see the link given below
wiki page
