Question: This section is based on using dummy variables to include categorical variables of interest in a regression analysis. The prediction equation for these dummy variables

This section is based on using dummy variables to
This section is based on using dummy variables to
This section is based on using dummy variables to include categorical variables of interest in a regression analysis. The prediction equation for these dummy variables is represented as: Yi_hat = a + b1D1 + b2D2 + b3D3 + error Please look at the table provided below, and match the correct answer choice to each statement in the following question. Dummy-Variable Coding Consumer Types Original Variable Code D D D. Brand loyalty Variely seeker Impulse buyer Rational buyer 1 2 3 4 - OOO O-OO OOO Each statement below pertains to each of the four consumer types shown in the dummy variable table. Match each of the prediction equations (the equations containing Yi_hat) to the appropriate consumer type, based on the dummy variables that should be included for that consumer type. Yi_hat = a + b3 1. Rational buyer Yi_hat = a + b1 2. Brand-loyal consumer Yi_hat = a + b2 3. Variety-seeking consumer 4. Impulse buyer Yi_hat = a

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