An analyst uses quarterly data to study the relationship between retail sales (y, in $ millions), gross
Question:
Interpret the dummy variable d. Is it significant at the 5%level?
Transcribed Image Text:
Intercept 186553.3 55.0 112605.8 Coefficients Standard Error tStat p-value 3.31 0.0021 12.08 0.0000 0.96 0.3424 56421.1 4.6 117053.0
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The dummy variable d has an estimated coefficient of 1126058 Assuming the ...View the full answer
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Related Book For
Essentials Of Business Statistics Communicating With Numbers
ISBN: 9780078020544
1st Edition
Authors: Sanjiv Jaggia, Alison Kelly
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