Consider a regression study involving a dependent variable y, a quantitative independent variable #2, and a categorical independent variable with two levels (level 1 and level 2). a. Write a multiple regression equation relating 2 and the categorical variable to y. 1. E(y) = Bo + B121 2. E(y) = 80 +8₂2₂ 3. E(y)= Bo + Br2n+B 4. E(y) = Bo + B +B2z Option 4 Enter the values of dummy variable ₁ that are used to indicate the two levels of the qualitative variable. If your answer is zero, enter "0". Level 1 Level 2 x1 X X b. What is the expected value of y corresponding to level 1 of the categorical variable? 1. E(y) = Bo + Bin 2. E(y) = Bo + B 3. E(y) = Bo + BitBa 4. E(y) = So + B121 + ₂x2 Option 2 c. What is the expected value of y corresponding to level 2 of the categorical variable? 1. E(y) = 80 + B1x1 2. E(y) = Bo + B22 3. E(3) = Bo + Biên +B 4. E(y) = Bo + Bi + B22 Option 4 d. Interpret the parameters in your regression equation. B₁ = E(yllevel 2) - E(y|level1) ✓ B2 is the change in E(y) for a 1 unit change in x2 holding the categorical variable constant.

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Consider a regression study involving a dependent variable y, a quantitative independent variable 2, and a categorical independent variable with two levels (level 1 and level 2).
a. Write a multiple regression equation relating 2 and the categorical variable to y.
1. E(y) Bo + B1x1
2. E(y) = Bo + Baz
3. E(y) Bo + B1x1 + B₂
4. E(y) = Bo + B1n+B22
Option 4
Enter the values of dummy variable ₁ that are used to indicate the two levels of the qualitative variable. If your answer is zero, enter "0".
Level 1
Level 2
x1
b. What is the expected value of y corresponding to level 1 of the categorical variable?
1. E(y)= Bo + Bui
2. E(y)= Bo + B22
3. E(y) = Bo + B +
4. E(3) = Bo + Bun+B22
Option 2
c. What is the expected value of y corresponding to level 2 of the categorical variable?
1. E(y)= Bo + Bun
2. E(y) = Bo + B22
3. E(y) = Bo + B
+B
4. E(y) Bo + B₁ + B₂x2
Option 4
d. Interpret the parameters in your regression equation.
B₁ = E(y|level2) - E(y|level1)
B₂ is the change in E(y) for a 1 unit change in [x2
✔ holding the categorical variable constant.
Transcribed Image Text:Consider a regression study involving a dependent variable y, a quantitative independent variable 2, and a categorical independent variable with two levels (level 1 and level 2). a. Write a multiple regression equation relating 2 and the categorical variable to y. 1. E(y) Bo + B1x1 2. E(y) = Bo + Baz 3. E(y) Bo + B1x1 + B₂ 4. E(y) = Bo + B1n+B22 Option 4 Enter the values of dummy variable ₁ that are used to indicate the two levels of the qualitative variable. If your answer is zero, enter "0". Level 1 Level 2 x1 b. What is the expected value of y corresponding to level 1 of the categorical variable? 1. E(y)= Bo + Bui 2. E(y)= Bo + B22 3. E(y) = Bo + B + 4. E(3) = Bo + Bun+B22 Option 2 c. What is the expected value of y corresponding to level 2 of the categorical variable? 1. E(y)= Bo + Bun 2. E(y) = Bo + B22 3. E(y) = Bo + B +B 4. E(y) Bo + B₁ + B₂x2 Option 4 d. Interpret the parameters in your regression equation. B₁ = E(y|level2) - E(y|level1) B₂ is the change in E(y) for a 1 unit change in [x2 ✔ holding the categorical variable constant.
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