Question: Check my work mode : This shows what is correct or Incorrect for the work you have comp 2 Exercise 17-3 Algo 6 Using 50

Check my work mode : This shows what is correct or Incorrect for the work you have comp 2 Exercise 17-3 Algo 6 Using 50 observations, the following regression output is obtained from estimating y = 6 + 61x + 62dj + 8jd2 + e. points Standard Coefficients Error t Stat p-value Intercept 0. 82 0.25 -3 .2H 0.9020 3.36 1.20 2. 80 0.0974 -15.41 16.75 0.92 0.3624 da 8 . 28 2.46 3.45 0.9012 a. Compute y for x - 312. dj - 1, and d2 = e; compute y for x - 312, d, - e, and dy - 1 (Round your answers to 2 decimal places.) * = 312, dj = 1 and d2 = 0 x = 312, dj = @ and dz = 1 b-1. Interpret d, and d2. (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as Incorrect.) Whon d1 = 1, y is 15.41 units greater than when dj = 0, holding everything else constant. When dy = 1, $ 15 8.28 units greater than when dy = 0, holding everything else constant When d1 = 1, y Is 15.41 units less than when dj - e, holding everything aise When d2 - 1, $ 16 8,28 units less when dy = 0, holding everything else constant b-2. Are both dummy variables individually significant at the 5% level? . No, only the dummy variable d2 Is significant at 5% level. No, none of the dummy variables are individually significant at 5% level No, only the dummy variable dj Is significant at 5% level. Yes, both dummy variables are individually significant at the 5% level
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