4. (Integrating dummy variables) You fit a purely seasonal model with a full set of standard...
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4. (Integrating dummy variables) You fit a purely seasonal model with a full set of standard monthly dummy variables to a monthly series of employee hours worked. Discuss how the estimated dummy variable coefficients ₁, 2, ..., would change if you changed the first dummy variables D₁ = (1,0,0,...) (with all other-dummy variables remaining the same) to A. D₁ = (2,0,0,...) B. D = (-10,0,0,...) C. D" (1,1,0,0...) 4. (Integrating dummy variables) You fit a purely seasonal model with a full set of standard monthly dummy variables to a monthly series of employee hours worked. Discuss how the estimated dummy variable coefficients ₁, 2, ..., would change if you changed the first dummy variables D₁ = (1,0,0,...) (with all other-dummy variables remaining the same) to A. D₁ = (2,0,0,...) B. D = (-10,0,0,...) C. D" (1,1,0,0...)
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The question asks how the estimated dummy variable coefficients would change if you changed the first dummy variable D1 to the values specified in the ... View the full answer
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date:
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