Multiple Choice
Consider the following regression equation: y = β0+β1x1+…βkxk+ 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
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