3. Suppose you want to analyse personal consumption expenditures by using income. However, youalso believe that personal consumption expenditures might vary by gender (female-male) and maritalstatus (married-single).(a) By setting appropriate dummy variables, construct a regression where not only the autonomousconsumption but also the marginal propensity to consume are allowed to vary by gender and maritalstatus. In your regression, you should have the assumption that the 3 differential effect of gender(marital status) on autonomous consumption and marginal propensity to consume is the same acrosstwo categories of marital status (gender). Once you construct your regression, derive the expectedpersonal consumption expenditures of each group.(b) Re-construct the regression in (a) by allowing the differential effect of gender (marital status) onautonomous consumption and marginal propensity to consume to vary across two categories ofmarital status (gender) and derive expected personal consumption expenditures of each group.

so believe that personal consumption expenditures might atus (married-single). By setting appropriate dummy variables, construct a regr nsumption but also the marginal propensity to consume a atus. In your regression, you should have the assumption arital status) on autonomous consumption and marginal o categories of marital status (gender). Once you constru rsonal consumption expenditures of each group.

so believe that personal consumption expenditures might atus (married-single). By setting appropriate dummy variables, construct a regr nsumption but also the marginal propensity to consume a atus. In your regression, you should have the assumption arital status) on autonomous consumption and marginal o categories of marital status (gender). Once you constru rsonal consumption expenditures of each group.

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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