A change in the unit of measurement of the dependent variable in a model does not lead to a change in:

Question

Quizplus · Accepted Answer

Changing the unit of measurement of the dependent variable affects the scale of the data, which in turn affects the standard error of the regression, the sum of squared residuals, and the confidence intervals of the regression coefficients. However, it does not affect the goodness-of-fit of the regression, such as the R-squared value, because these are relative measures that compare the explained variance to the total variance, independent of the scale of the data.

A Change in the Unit of Measurement of the Dependent