  The galaxy density field as extracted from the IRAS 1.2 Jy redshift survey is
compared to the mass density field as reconstructed by the POTENT method from
the Mark III catalog of peculiar velocities. The reconstruction is done with
Gaussian smoothing of radius 12 h^{-1}Mpc, and the comparison is carried out
within volumes of effective radii 31-46 h^{-1}Mpc, containing approximately
10-26 independent samples. Random and systematic errors are estimated from
multiple realizations of mock catalogs drawn from a simulation that mimics the
observed density field in the local universe. The relationship between the two
density fields is found to be consistent with gravitational instability theory
in the mildly nonlinear regime and a linear biasing relation between galaxies
and mass. We measure beta = Omega^{0.6}/b_I = 0.89 \pm 0.12 within a volume of
effective radius 40 h^{-1}Mpc, where b_I is the IRAS galaxy biasing parameter
at 12 h^{-1}Mpc. This result is only weakly dependent on the comparison volume,
suggesting that cosmic scatter is no greater than \pm 0.1. These data are thus
consistent with Omega=1 and b_I\approx 1. If b_I>0.75, as theoretical models of
biasing indicate, then Omega>0.33 at 95% confidence. A comparison with other
estimates of beta suggests scale-dependence in the biasing relation for IRAS
galaxies.
