Consider a regression study involving a dependent variable y, a categorical independent variable x1, and a categorical

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Consider a regression study involving a dependent variable y, a categorical independent variable x1, and a categorical variable with two levels (level 1 and level 2).

a. Write a multiple regression equation relating x1 and the categorical variable to y.

b. What is the expected value of y corresponding to level 1 of the categorical variable?

c. What is the expected value of y corresponding to level 2 of the categorical variable?

d. Interpret the parameters in your regression equation.

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Statistics For Business And Economics

ISBN: 9780324783247

11th Edition

Authors: Thomas A. Williams, Dennis J. Sweeney, David R. Anderson

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Question Posted: Jul 15, 2024 10:11 AM

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Consider a regression study involving a dependent variable y, a categorical independent variable x1, and a categorical

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Statistics For Business And Economics

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