Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Choose the one best answer. Briefly explain your reasoning. Suppose you want to estimate a model that will allow you to test the effect of

Choose the one best answer. Briefly explain your reasoning.

Suppose you want to estimate a model that will allow you to test the effect of being a pot smoker (pot=1) and a drinker (drink=1) on the number of sexual partners (partners) an individual has had. The best model to estimate would be:

a) partners =0 +1pot +2drink + u

b) partners =0 +1pot *drink + u

c) partners =0 +1pot +2drink +3pot*drink + u

d) partners =1pot *drink + u

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Public Finance A Contemporary Application of Theory to Policy

Authors: David N Hyman

11th edition

9781305474253, 1285173953, 1305474252, 978-1285173955

Students also viewed these Economics questions