Multiple Choice
Which of the following is a property of dummy variable regression?
A) This method is best suited for panel data sets with many cross-sectional observations.
B) The R-squared obtained from this method is lower than that obtained from regression on time-demeaned data.
C) The degrees of freedom cannot be computed directly with this method.
D) The major statistics obtained from this method are identical to that obtained from regression on time-demeaned data.
Correct Answer:
Verified
Correct Answer:
Verified
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