What is the model constant when the dummy variable equals 1 in the following equations, where x 1 is a continuous variable and x 2 is a dummy variable with a value of 0 or 1 a y 9 6x 1 9x 2 b y 7 4x 1 2x 2 c y 4 4x 1 8x 2 9x 1 x 2 ...

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What is the model constant when the dummy variable equals 1 in the following equations, where x

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What is the model constant when the dummy variable equals 1 in the following equations, where x₁ is a continuous variable and x₂ is a dummy variable with a value of 0 or 1?

a. ŷ = 9 + 6x₁ + 9x₂

b. ŷ = 7 + 4x₁ + 2x₂

c. ŷ = 4 + 4x₁ + 8x₂ + 9x₁x₂

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Statistics For Business And Economics

ISBN: 9781292315034

9th Global Edition

Authors: Paul Newbold, William Carlson, Betty Thorne

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Question Posted: Nov 17, 2022 02:06 AM

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What is the model constant when the dummy variable equals 1 in the following equations, where x

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