Question: Consider a linear regression model where y represents the response variable, x is a quantitative …

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Jun 13, 2022

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Question: Consider a linear regression model where y represents the response variable, x is a quantitative …

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Consider a linear regression model where y represents the response variable, x is a quantitative explanatory variable, and d is a dummy variable. The model is estimated as 5.5+3.5x- 4.5d. a. Interpret the dummy variable coefficient. Intercept shifts down by 4.5 units as d changes from O to 1. Slope shifts down by 4.5 units as d changes from O to 1 Intercept shifts up by 4.5 units as d changes from O to 1. Slope shifts up by 4.5 units as d changes from O to 1 b. Compute for x 2 and d-1. (Round your answer to 1 decimal place.) c. Compute for x- 2 and d 0. (Round your answer to 1 decimal place.)Need help Answering these:

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Consider a linear regression model where y represents the response variable, x is a quantitative explanatory variable, and d is a dummy variable. The model is estimated as 5.5+3.5x- 4.5d. a. Interpret the dummy variable coefficient. Intercept shifts down by 4.5 units as d changes from O to 1. Slope shifts down by 4.5 units as d changes from O to 1 Intercept shifts up by 4.5 units as d changes from O to 1. Slope shifts up by 4.5 units as d changes from O to 1 b. Compute for x 2 and d-1. (Round your answer to 1 decimal place.) c. Compute for x- 2 and d 0. (Round your answer to 1 decimal place.)

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