A standardized beta coefficient is defined as:
A)the result of adding the difference between each independent variable value and its mean and the standard deviation of that independent variable.
B)the result of multiplying the difference between each independent variable value and its mean by the standard deviation of that independent variable.
C)the result of dividing the standard deviation of an independent variable by the difference between that independent variable value and its mean.
D)the result of dividing the difference between each independent variable value and its mean by the standard deviation of that independent variable.
E)the result of subtracting the difference between each independent variable value and its mean by the standard deviation of that independent variable.

Question

Quizplus · Accepted Answer

A standardized beta coefficient is the result of dividing the difference between each independent variable value and its mean by the standard deviation of that independent variable. This makes the coefficients comparable and interpretable, as they are all on the same scale of standard deviation units.

A Standardized Beta Coefficient Is Defined As