Exam 5: Dummy-Variable Regression

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How do we interpret a dummy variable coefficient?

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Which of the following is incorrect?

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Why is the number of dummy variables to be entered into the regression model always equal to the number of groups (g) minus 1 (g−1)?

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Which of the following procedures can be used to compare the means of the included groups in a dummy-variable regression model?

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What does a dummy-variable regression analysis examine?

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