What is the model constant when the dummy variable equals 1 in the following equations, where x
Question:
What is the model constant when the dummy variable equals 1 in the following equations, where x1 is a continuous variable and x2 is a dummy variable with a value of 0 or 1?
a. ŷ = 9 + 6x1 + 9x2
b. ŷ = 7 + 4x1 + 2x2
c. ŷ = 4 + 4x1 + 8x2 + 9x1x2
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Related Book For
Statistics For Business And Economics
ISBN: 9781292315034
9th Global Edition
Authors: Paul Newbold, William Carlson, Betty Thorne
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