All of the following are true of betas and correlation coefficients EXCEPT:
A)Betas describe the relationship between two variables exactly as correlations coefficients do.
B)Both betas and correlation coefficients can tell you something about the strength of a relationship.
C)Both betas and correlation coefficients can tell you something about the direction of a relationship.
D)Betas from an analysis can be compared with other beta coefficients from the same analysis just as correlation coefficients can.

Question

Quizplus · Accepted Answer

While betas and correlation coefficients are similar in that they both measure the relationship between two variables, they do not describe the relationship exactly the same way. Betas are regression coefficients that measure the change in the dependent variable for a unit change in the independent variable, while correlation coefficients measure the strength and direction of the linear relationship between two variables.

All of the Following Are True of Betas and Correlation