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

Question 107

Question 107

Multiple Choice

In the model y = β0 + β1x + β2d + β3xd + ε,for a given x and d = 1,the predicted value of y is given by:


A) In the model y = β<sub>0</sub> + β<sub>1</sub>x + β<sub>2</sub>d + β<sub>3</sub>xd + ε,for a given x and d = 1,the predicted value of y is given by: A)    = b<sub>0</sub> + b<sub>1</sub>x + b<sub>2</sub> + b<sub>3</sub>x B)    = b<sub>0</sub> + b<sub>2</sub> + b<sub>1</sub>x + b<sub>3</sub>x C)    = (b<sub>0</sub> + b<sub>2</sub>) + (b<sub>1</sub> + b<sub>3</sub>) x D) All of the above = b0 + b1x + b2 + b3x
B) In the model y = β<sub>0</sub> + β<sub>1</sub>x + β<sub>2</sub>d + β<sub>3</sub>xd + ε,for a given x and d = 1,the predicted value of y is given by: A)    = b<sub>0</sub> + b<sub>1</sub>x + b<sub>2</sub> + b<sub>3</sub>x B)    = b<sub>0</sub> + b<sub>2</sub> + b<sub>1</sub>x + b<sub>3</sub>x C)    = (b<sub>0</sub> + b<sub>2</sub>) + (b<sub>1</sub> + b<sub>3</sub>) x D) All of the above = b0 + b2 + b1x + b3x
C) In the model y = β<sub>0</sub> + β<sub>1</sub>x + β<sub>2</sub>d + β<sub>3</sub>xd + ε,for a given x and d = 1,the predicted value of y is given by: A)    = b<sub>0</sub> + b<sub>1</sub>x + b<sub>2</sub> + b<sub>3</sub>x B)    = b<sub>0</sub> + b<sub>2</sub> + b<sub>1</sub>x + b<sub>3</sub>x C)    = (b<sub>0</sub> + b<sub>2</sub>) + (b<sub>1</sub> + b<sub>3</sub>) x D) All of the above = (b0 + b2) + (b1 + b3) x
D) All of the above

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