what is the standardized regression? what do the standardized regression weights or coefficients tell us about the ability of the predictors to predict the dependent variable?

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter13: Regression And Forecasting Models
Section13.4: Multiple Regression Models
Problem 17P: The owner of a restaurant in Bloomington, Indiana, has recorded sales data for the past 19 years. He...
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what is the standardized regression?

what do the standardized regression weights or coefficients tell us about the ability of the predictors to predict the dependent variable?

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