Question
Evaluate the following statement: In the dummy variable representation of the fixed-effects panel regression model, you should exclude one of the dummy variables for the
Evaluate the following statement: "In the dummy variable representation of the fixed-effects panel regression model, you should exclude one of the dummy variables for the entities when an intercept is present in the equation in order to reduce the number of coefficients to estimate."
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A First Course In Fuzzy Logic
Authors: Hung T Nguyen, Carol L Walker, Elbert A Walker
4th Edition
0429012608, 9780429012600
