Question: What's the difference between a dummy variable and a slope shifter variable? Select one: a. The dummy variable estimates a categorical variable, whereas the slope

What's the difference between a dummy variable and a slope shifter variable?

Select one:

a. The dummy variable estimates a categorical variable, whereas the slope shifter estimates the growth rate

b .Both variable types estimate the trend

c. One is a categorical variable, and one is a dummy variable

d. Dummy variables estimate individual intercepts, whereas slope shifters estimate individual slopes

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