# Standardized coefficients

## Overview

If you need to compare the significance of each independent variable well- you can use R to determine the standardized beta coefficients.

> "Use of the beta coefficient allows direct comparisons between independent variables to determine which has the most influence on the dependent variable." (Monash Business School, n.d.)

## Example

See this [exact source code](https://github.com/darrensapalo/laptop-prices-dataset/blob/main/regression-analysis.R#L29) given the step-by-step [walk-through video](/resources/shared-notes/statistics/regression-analysis/multiple-linear-regression.md).

## Result

Below you can see the coefficients (marked in red) of the statistically significant independent variables (marked in orange).

<figure><img src="/files/XE1ZogmAlSaZHqZiWNLg" alt="" width="375"><figcaption></figcaption></figure>

After performing the calculations for the beta coefficients, you can see that the values are different for each of the individual variables.&#x20;

<figure><img src="/files/5GvjXEcDqKC4Ulz1wcYT" alt=""><figcaption></figcaption></figure>

## References

* Monash Business School on [Beta coefficients](https://www.monash.edu/business/marketing/marketing-dictionary/b/beta-coefficient#:~:text=in%20statistical%20analysis%2C%20an%20estimated,influence%20on%20the%20dependent%20variable.)


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