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11. [3] Let xx be a qualitative (binary or dummy) variable where xx = 1 if the house has a fireplace and xx = 0

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11. [3] Let xx be a qualitative (binary or dummy) variable where xx = 1 if the house has a fireplace and xx = 0 if it does not. In the following model: log VH = Bo + ",, B,x, te, the regression coefficient , gives the percentage change in house value associated with having a fireplace

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