Linear Modelinghard
0:00.0

In a regression Y=β0+β1X1+ϵY = \beta_0 + \beta_1 X_1 + \epsilon, if we transform the predictor X1X_1 to X1=X1Xˉ1sX1X_1^* = \frac{X_1 - \bar{X}_1}{s_{X_1}} (standardization), what is the relationship between the new slope β1\beta_1^* and the original slope β1\beta_1?