An example of the interaction term between two independent, continuous variables is: a. Yi = B0 + B1XI+ B2DI + B3(Xi× Di) + ui. b. Yi = B0 + B1X1;+ B2X2¡+ ui. c. Yi = B0 + B1D1¡+ B2D2I+ B3 (D1i× D21) + ui. d. Yi = BO + B1X1¡ + B2X21+ B3(X1i × D21) + ui. e.All of the above. f. None of the above.
An example of the interaction term between two independent, continuous variables is: a. Yi = B0 + B1XI+ B2DI + B3(Xi× Di) + ui. b. Yi = B0 + B1X1;+ B2X2¡+ ui. c. Yi = B0 + B1D1¡+ B2D2I+ B3 (D1i× D21) + ui. d. Yi = BO + B1X1¡ + B2X21+ B3(X1i × D21) + ui. e.All of the above. f. None of the above.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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![An example of the interaction term between
two independent, continuous variables is:
a. Yi = B0 + B1Xi+ B2DI + B3(Xi× Di) + ui.
b. Yi = BO + B1X1¡+ B2X21+ ui.
c. Yi = B0 + B1D1¡+ B2D2I+ B3 (D1i× D2i) + ui.
d. Yi = B0 + B1X1¡ + B2X21+ B3(X1i× D21) + ui.
e.All of the above.
f. None of the above.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F2e8b9c67-63da-4856-8557-a4b1bba4357d%2F0bf8f92e-5338-4c00-99bd-a94e9ebad2b1%2Fm55pyp6_processed.jpeg&w=3840&q=75)
Transcribed Image Text:An example of the interaction term between
two independent, continuous variables is:
a. Yi = B0 + B1Xi+ B2DI + B3(Xi× Di) + ui.
b. Yi = BO + B1X1¡+ B2X21+ ui.
c. Yi = B0 + B1D1¡+ B2D2I+ B3 (D1i× D2i) + ui.
d. Yi = B0 + B1X1¡ + B2X21+ B3(X1i× D21) + ui.
e.All of the above.
f. None of the above.
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