You are considering developing a regression equation relating a dependent variable to two independent variables. One of

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You are considering developing a regression equation relating a dependent variable to two independent variables. One of the variables can be measured on a ratio scale, but the other is a categorical variable with two possible levels.
a. Write a multiple regression equation relating the dependent variable to the independent variables.
b. Interpret the meaning of the coefficients in the regression equation.
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Business Statistics A Decision Making Approach

ISBN: 9780133021844

9th Edition

Authors: David F. Groebner, Patrick W. Shannon, Phillip C. Fry

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