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Consider the Following Regression Equation: Y = 0

Question 23

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Consider the following regression equation: y = Consider the following regression equation: y = <sub>0</sub>+ <sub>1</sub>x<sub>1</sub>+ …+ <sub>k</sub> x<sub>k </sub>+ u In which of the following cases, the dependent variable is binary? A) y indicates the gross domestic product of a country B) y indicates whether an adult is a college dropout C) y indicates household consumption expenditure D) y indicates the number of children in a family 0+ Consider the following regression equation: y = <sub>0</sub>+ <sub>1</sub>x<sub>1</sub>+ …+ <sub>k</sub> x<sub>k </sub>+ u In which of the following cases, the dependent variable is binary? A) y indicates the gross domestic product of a country B) y indicates whether an adult is a college dropout C) y indicates household consumption expenditure D) y indicates the number of children in a family 1x1+ …+ Consider the following regression equation: y = <sub>0</sub>+ <sub>1</sub>x<sub>1</sub>+ …+ <sub>k</sub> x<sub>k </sub>+ u In which of the following cases, the dependent variable is binary? A) y indicates the gross domestic product of a country B) y indicates whether an adult is a college dropout C) y indicates household consumption expenditure D) y indicates the number of children in a family k xk + u In which of the following cases, the dependent variable is binary?


A) y indicates the gross domestic product of a country
B) y indicates whether an adult is a college dropout
C) y indicates household consumption expenditure
D) y indicates the number of children in a family

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