Standardized coefficient definition

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Standardized coefficient

Standardized coefficient logo #21000 In statistics, standardized coefficients or beta coefficients are the estimates resulting from an analysis carried out on independent variables that have been standardized so that their variances are 1. Therefore, standardized coefficients refer to how many standard deviations a dependent variable will change, per standard deviation increase in th...
Found on http://en.wikipedia.org/wiki/Standardized_coefficient
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