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    Statistics
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    Business Statistics
  4. Exam
    Exam 17: Regression Models With Dummy Variables
  5. Question
    Consider the Regression Model Y = β<Sub>0 </Sub>+ β<Sub>1</sub>x
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Consider the Regression Model Y = β0 + β1x

Question 56

Question 56

True/False

Consider the regression model y = β0 + β1x + β2d + β3xd + ε. If the dummy variable d changes from 0 to 1, the estimated changes in the intercept and the slope are b0 + b2 and b2, respectively.

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