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Consider a Linear Regression Model Where Y Represents the Response y^\hat{y}

Question 2

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Consider a linear regression model where y represents the response variable and d1 and d2 represent two dummy variables. The model is estimated as y^\hat{y} = -2.49 + 1.86x + 3.20d1 - 2.21d2 + 0.50d1d2. Compute y^\hat{y} for x = 3, d1 = 1, and d2 = 0.


A) 13.61
B) 3.42
C) 13.17
D) 6.29

Correct Answer:

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