Multiple Choice
The use of a dummy variable in regression analysis indicates
A) that a researcher does not really know what to include in the equation.
B) that a categorical variable is expected to have an impact on a dependent variable.
C) that insufficient data is available for the analysis.
D) the use of hypothetical data.
Correct Answer:
Verified
Correct Answer:
Verified
Q9: For the regression equation Q = 100
Q10: Why is the identification problem more likely
Q11: Which of the following is most likely
Q12: Charting observations on a semi-logarithmic graph will
Q13: What are the four different characteristics that
Q15: The firm is considering changing its price
Q16: Among the advantages of the _ technique
Q17: In the estimation of demand,the "identification problem"
Q18: Among the advantages of the least-squares trend
Q19: Which of the following is a measure