Consider a panel data set and the following regression model. Yit Bo + B₁Xit + ++ Uit What do subscripts / and t refer to? O A. Subscripts i and tidentify different time periods. O B. Subscripts / and t identify the entity and time period respectively. OC. Subscripts i and t identify different individuals. O D. Subscripts i and t identify the time period and entity respectively.
Consider a panel data set and the following regression model. Yit Bo + B₁Xit + ++ Uit What do subscripts / and t refer to? O A. Subscripts i and tidentify different time periods. O B. Subscripts / and t identify the entity and time period respectively. OC. Subscripts i and t identify different individuals. O D. Subscripts i and t identify the time period and entity respectively.
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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![The image presents a question regarding a panel data set and a regression model:
**Consider a panel data set and the following regression model:**
\( Y_{it} = \beta_0 + \beta_1 X_{it} + u_{it} \)
**Question: What do subscripts \(i\) and \(t\) refer to?**
Options provided:
- **A.** Subscripts \(i\) and \(t\) identify different time periods.
- **B.** Subscripts \(i\) and \(t\) identify the entity and time period respectively.
- **C.** Subscripts \(i\) and \(t\) identify different individuals.
- **D.** Subscripts \(i\) and \(t\) identify the time period and entity respectively.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fe28c09e6-8851-4dc8-bd0a-e2da2822035b%2Fcb6d231c-255e-40c8-ac77-3f9c76d1e287%2Fzlt62xq_processed.png&w=3840&q=75)
Transcribed Image Text:The image presents a question regarding a panel data set and a regression model:
**Consider a panel data set and the following regression model:**
\( Y_{it} = \beta_0 + \beta_1 X_{it} + u_{it} \)
**Question: What do subscripts \(i\) and \(t\) refer to?**
Options provided:
- **A.** Subscripts \(i\) and \(t\) identify different time periods.
- **B.** Subscripts \(i\) and \(t\) identify the entity and time period respectively.
- **C.** Subscripts \(i\) and \(t\) identify different individuals.
- **D.** Subscripts \(i\) and \(t\) identify the time period and entity respectively.
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