Given here are the data from a dependent variable and two independent variables. The second independent variable
Question:
Given here are the data from a dependent variable and two independent variables. The second independent variable is an indicator variable with several categories. Hence, this variable is represented by x2, x3, and x4. How many categories are needed in total for this independent variable? Use a computer to perform a multiple regression analysis on this data to predict y from the x values.
Discuss the output and pay particular attention to the dummyvariables.
Transcribed Image Text:
0 0 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 1 1 0 0 0 0 0 1 0 0 0 0 0 1 1 0 0 1 0 0 0 0 1 1 0 0 0 1 0 1 0 0 0 0 0 1963089460475049327 1 1.6 2.3 2.0 1.8 1.3 2 2 2 1 1 2 1 1 1 2 1 3 2 5 9 4 0 8 4 9 1 4 6 0 3496 1
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The indicator variable has c 4 categories as shown by the c 1 3 categorie...View the full answer
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Related Book For
Business Statistics for Contemporary Decision Making
ISBN: 978-0470910184
6th Edition
Authors: Ken Black
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