Linear Modelinghard
0:00.0

In a linear model Y=β0+β1X+ϵY = \beta_0 + \beta_1 X + \epsilon, if we perform a transformation X=aX+bX^* = aX + b and Y=cY+dY^* = cY + d, how does the new regression slope β1\beta_1^* relate to the original slope β1\beta_1?