Standardized coefficient
Estimates from regression analysis on data with unit variance / From Wikipedia, the free encyclopedia
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Not to be confused with Beta (finance).
In statistics, standardized (regression) coefficients, also called beta coefficients or beta weights, are the estimates resulting from a regression analysis where the underlying data have been standardized so that the variances of dependent and independent variables are equal to 1.[1] Therefore, standardized coefficients are unitless and refer to how many standard deviations a dependent variable will change, per standard deviation increase in the predictor variable.
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