Question: In the Fixed Effects regression model, using ( n 1 ) binary variables for the entities, thecoefficient of the binary variable indicates:A ) the level

In the Fixed Effects regression model, using (n 1) binary variables for the entities, thecoefficient of the binary variable indicates:A) the level of the fixed effect of the ith entity.B) will be either 0 or 1.C) the difference in fixed effects between the ith and the first entity.D) the response in the dependent variable to a percentage change in the binary variable.

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