Example: stock market
PATH ANALYSIS I: INTRODUCTION - PiratePanel
Page 5 Figure 2 r 12 = 0 p 31 p 31 = r 31 p 32 = r 32 p 32 Note that the program contains the correlation matrix from Pedhazur. I decided to use an N of 50, but did not enter means and standard deviations for the variables, so the parameter estimates that SAS produces are standardized (the slope is a beta).
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