Question: When a dummy variable is included in a regression model that has one numerical independent variable, what assumption do you need to make concerning the

When a dummy variable is included in a regression model that has one numerical independent variable, what assumption do you need to make concerning the slope between the dependent variable, Y, and the numerical independent variable, X?

Step by Step Solution

★★★★★

3.44 Rating (157 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock

It is assumed that the slope ... View full answer

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Basic Business Statistics Questions!

A regression analysis was carried out based on 7,016 observations of firms, aimed at assessing the factors that determine the level of a firm's leverage. The independent variables included amount of...

1. Confounding arises in a two-sample t-test when the groups differ in ways other than the labeling that distinguishes the groups. 2. An analysis of covariance is another name for the use of...

A study provided data on variables that may be related to the number of weeks a manufacturing worker has been jobless. The dependent variable in the study (Weeks) was defined as the number of weeks a...

14.68 When a dummy variable is included in a regression model that has one numerical independent variable, what assumption do you need to make concerning the slope between the dependent variable, Y,...

When a dummy variable is included in a regression model that has one numerical independent variable, what assumption do you need to make concerning the slope between the dependent variable, Y, and...

Corporate governance and environmental reporting: an Australian study Kathyayini Kathy Rao, Carol A. Tilt and Laurence H. Lester Kathyayini Kathy Rao is a Post Graduate Research Student and Carol A....

The worksheet Data1 of the Excel file CentralEnglandTemp2017 shows the 816 monthly mean (surface air) temperatures for the Midlands region of England between 1950 and 2017. (The shown temperatures...

Looking for tutoring help as I form an opinion on the following question. Assignment on Forecasting The worksheet " Data! " of the Excel file " Central England Temp 2018 " shows the $28 monthly mean...

in minitab Thompson Airlines has determined that 5% of the total number of U.S. domestic airline passengers fly on Thompson planes. You are given the task of forecasting the number of passengers who...

QUESTION 1 Although recent events in Hong Kong have created uncertainty, often such things can also provide opportunities for investors. As a first step, an investor considering the Hong Kong share...

A. BBB Company authorized to issue 37,500 share capital with a par value of P100 B. 40% of the authorized share capital was subscribed at par C. Collected 45% of the subscription D. Full collection...

Thad Kostowski and Carol Lee are production managers in the Appliances Division of Mesger Corporation, which has several dozen plants scattered in locations throughout the world. Carol manages the...

Question One A1. Write the IUPAC names for each of the following structures a. d. b. e. A2. Convert the following names into line bond structures a. Diphenylcyclohexane b....

If households' currency-deposit ratio is 1.25, and they desire to maintain $9.25 in liquid savings assets for each dollar in their checking accounts, what must the banks' excess reserves ratio be if...

Movie companies need to predict the gross receipts of an individual movie once the movie has debuted. The following results (stored in PotterMovies) are the first weekend gross, the U.S. gross, and...

College basketball is big business, with coaches' salaries, revenues, and expenses in millions of dollars. The file contains the coaches' salary and revenue for college basketball at 60 of the 65...

College football players trying out for the NFL are given the Wonderlic standardized intelligence test. The file Wonderlic lists the average Wonderlic scores of football players trying out for the...

12) I am concerned that the value of Facebook stock I own will go down dramatically if Mark Zuckerberg quits the company. This is an example of: The Efficient Market Hypothesis Systematic risk that...

CHAPTER 5. CORRELATIONS. We have lamed that the coefficientof determination or R? is a measure of the amount of variability in one variable thatis explained by the other. Using the Grades Stats 2013...

Assume that you have been hired as a consultant by a chemical company, a major producerof chemicals and plastics, including plastic grocery bags,styrofoam cups, and fertilizers, to estimate the...