11.11 (Refer to Appendix 11.3) Which model would you use for: a. A study explaining the number...

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11.11 (Refer to Appendix 11.3) Which model would you use for:

a. A study explaining the number of hours spent by a person working for income during a week.

b. A study explaining the level of satisfaction a person has with their job

(on a scale of 0 to 5).

c. A study of a consumer’s choice of mode of transport between bus, car, and bicycle.

d. A study of the number of rainy days in a week.

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Introduction To Econometrics

ISBN: 9781292071367

3rd Global Edition

Authors: James Stock, Mark Watson

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