Question: Write brief reports, including examples, explaining the use of each of the following in specifying regression models: a. Dummy variables b. Lagged dependent variables c.

Write brief reports, including examples, explaining the use of each of the following in specifying regression models:
a. Dummy variables
b. Lagged dependent variables
c. The logarithmic transformation

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a Dummy Variables Dummy variables are used whenever a factor is not readily quantifiable For example ... View full answer

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