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Suppose that in a regression analysis,the explanatory variableX1represents height, and the explanatory variableX2represents whether or not an individual is a male or female. Which statement
Suppose that in a regression analysis,the explanatory variableX1represents height, and the explanatory variableX2represents whether or not an individual is a male or female. Which statement is the most accurate given this information?
The variableX1should berepresentedas a dummy variable.
The variableX2should berepresentedas a dummy variable.
There is no relationship between the variablesX1 and X2
BothX1andX2should be represented bya dummy variablein the regression.
X1andX2 should be written as an interaction term in the regression.
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