Standardized betas indicate the relative importance of alternative predictor variables.

Name: Standardized betas indicate the relative importance of alternative predictor variables.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Standardized betas are regression coefficients that have been transformed to have a mean of zero and a standard deviation of one. This transformation allows researchers to compare the relative importance of different predictor variables in a multiple regression model. Therefore, the statement is true.

Standardized Betas Indicate the Relative Importance of Alternative Predictor Variables