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    Statistics
  3. Study Set
    Business Statistics Communicating with Numbers Study Set 1
  4. Exam
    Exam 17: Regression Models With Dummy Variables
  5. Question
    Consider the Model Y = β<Sub>0</sub> + β<Sub>1</sub>x + β<Sub>2</sub>d
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Consider the Model Y = β0 + β1x + β2d

Question 14

Question 14

Multiple Choice

Consider the model y = β0 + β1x + β2d + ε,where x is a quantitative variable and d is a dummy variable.We can use sample data to estimate the model as:


A) Consider the model y = β<sub>0</sub> + β<sub>1</sub>x + β<sub>2</sub>d + ε,where x is a quantitative variable and d is a dummy variable.We can use sample data to estimate the model as: A)    = b<sub>0</sub> + b<sub>1</sub>x + b<sub>2</sub>d B)    = b<sub>0</sub> + b<sub>1</sub>x C)    = b<sub>0</sub> + b<sub>2</sub>d D)   = b0 + b1x + b2d
B) Consider the model y = β<sub>0</sub> + β<sub>1</sub>x + β<sub>2</sub>d + ε,where x is a quantitative variable and d is a dummy variable.We can use sample data to estimate the model as: A)    = b<sub>0</sub> + b<sub>1</sub>x + b<sub>2</sub>d B)    = b<sub>0</sub> + b<sub>1</sub>x C)    = b<sub>0</sub> + b<sub>2</sub>d D)   = b0 + b1x
C) Consider the model y = β<sub>0</sub> + β<sub>1</sub>x + β<sub>2</sub>d + ε,where x is a quantitative variable and d is a dummy variable.We can use sample data to estimate the model as: A)    = b<sub>0</sub> + b<sub>1</sub>x + b<sub>2</sub>d B)    = b<sub>0</sub> + b<sub>1</sub>x C)    = b<sub>0</sub> + b<sub>2</sub>d D)   = b0 + b2d
D) Consider the model y = β<sub>0</sub> + β<sub>1</sub>x + β<sub>2</sub>d + ε,where x is a quantitative variable and d is a dummy variable.We can use sample data to estimate the model as: A)    = b<sub>0</sub> + b<sub>1</sub>x + b<sub>2</sub>d B)    = b<sub>0</sub> + b<sub>1</sub>x C)    = b<sub>0</sub> + b<sub>2</sub>d D)

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