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.
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.
Functions and Change: A Modeling Approach to College Algebra (MindTap Course List)
6th Edition
ISBN:9781337111348
Author:Bruce Crauder, Benny Evans, Alan Noell
Publisher:Bruce Crauder, Benny Evans, Alan Noell
Chapter3: Straight Lines And Linear Functions
Section3.CR: Chapter Review Exercises
Problem 15CR: Life Expectancy The following table shows the average life expectancy, in years, of a child born in...
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