Question: The Excel file attached has a dependent variable labeled Y and two independent variables labeled X 1 and X 2 . Create a series of
The Excel file attached has a dependent variable labeled Y and two independent variables labeled X and X
Create a series of indicator variables to categorize the variable X in the following way. Create a variable named IndM which takes on the value of one if the variable X has a value larger than but less than and is zero otherwise. Addtionally, create an indicator variable named IndH which takes on the value of one if the value of X is or larger and zero otherwise..
If you run a multiple linear regression using Y as your dependent variable and only X IndM and IndH as your independent variables, then the impact that IndH has on Y is estimated as choose the closest answer
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