Multiple Choice
Consider the following regression equation: y = 0+
1x1 + … +
kxk + u In which of the following cases, is 'y' a discrete variable?
A) y indicates the gross domestic product of a country
B) y indicates the total volume of rainfall during a year
C) y indicates household consumption expenditure
D) y indicates the number of children in a family
Correct Answer:

Verified
Correct Answer:
Verified
Q1: The dummy variable coefficient for a particular
Q2: If the p-value of an F statistic
Q3: Which of the following is true of
Q4: In a regression model, which of the
Q5: A dummy variable trap arises when a
Q7: Which of the following problems can arise
Q8: A problem that often arises in policy
Q9: The income of an individual in Budopia
Q10: Consider the following regression equation: graduate =
Q11: The multiple linear regression model with a