Linear Modelinghard
0:00.0

Consider a simple linear regression Y=β0+β1X+ϵY = \beta_0 + \beta_1 X + \epsilon. If we transform the predictor to X=aX+bX^* = aX + b (a>0a > 0) and the response to Y=cY+dY^* = cY + d (c>0c > 0), what is the new slope β1\beta_1^* in terms of the original β1\beta_1?