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Which of the conclusions below can be an interpretation of a fixed effects model? Question 43 options: When we control for the differences between individuals,
Which of the conclusions below can be an interpretation of a fixed effects model? Question 43 options: When we control for the differences between individuals, on average, individual expenses increased $250 every year. When we control for temperature, the average number of people who purchase ice cream is twice higher on a weekend than on a weekday. When the budget increases 5%, the predicted revenue will increase 8%. The probability that a customer will purchase a new product is 15%
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