Independent variables are normally measured in different units.To determine the relative importance of the beta weights between independent variables,we would use:
A)a screening variable
B)a trimmed model
C)standardized beta coefficients
D)betas measured in "like-units"
E)p values

Question

Quizplus · Accepted Answer

Standardized beta coefficients allow us to compare the relative importance of the beta weights between independent variables regardless of their units of measurement. This is because standardized beta coefficients have been converted into a standardized scale, with a mean of 0 and a standard deviation of 1, so they can be directly compared.

Independent Variables Are Normally Measured in Different Units