Question: 5. Create a dummy variable that equals one if the family size is higher or equal to 2. Family size_2 > dummy=1 Family size =1

 5. Create a dummy variable that equals one if the family

size is higher or equal to 2. Family size_2 > dummy=1 Family

5. Create a dummy variable that equals one if the family size is higher or equal to 2. Family size_2 > dummy=1 Family size =1 > dummy =0 How can you modify part 3 to include this variable? How would you explain its coefficient? Is the coefficient statistically significant

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
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 Mathematics Questions!