Linear Modelinghard
0:00.0

Consider the model Y=β0+β1X+ϵY = \beta_0 + \beta_1 X + \epsilon. If we scale both XX and YY by a constant c>0c > 0 (i.e., X=cX,Y=cYX' = cX, Y' = cY), what happens to the slope β1\beta_1?