To standardize the beta coefficients,we first ______.
A) analyze the significance of each data point
B) analyze the residual variation
C) convert the original data to standardized z scores
D) compute the standard error of estimate

Question

Quizplus · Accepted Answer

Standardizing beta coefficients involves converting the original data to standardized z scores, which allows for easier comparison of the magnitude and direction of the coefficients. Options A and B are not directly related to standardizing beta coefficients, while option D requires additional steps beyond just standardizing the coefficients.

To Standardize the Beta Coefficients,we First ______