The Beta coefficients are the regression coefficients you would have obtained had you first standardized all of your variables to a
mean of 0 and a
standard deviation of 1. Thus, the advantage of Beta coefficients (as compared to
B coefficients which are not standardized) is that the magnitude of these Beta coefficients allow you to compare the relative contribution of each independent variable in the prediction of the dependent variable.
See also, the
Multiple Regression chapter.
Free Download Now!
