Question

Consider the following set of dependent and independent variables. The variable x3 is qualitative with H = High, M = Medium, and L = Low. The quantitative data for this problem can be found in the Excel file Prob 1535.xlsx.
a. Using PHStat, construct a regression model using all three independent variables.
b. Interpret the meaning of each of the regression coefficients.


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  • CreatedJuly 29, 2015
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