Consider the accompanying set of dependent and independent variables. The variable x3 is qualitative with M = Male and F = Female. Complete parts a and b below. Click the icon to view the set of variables. a. Using technology, construct a regression model using all three independent variables. (Let variable Gender be the dummy variable for x3. Assign a 1 to a male.) Complete the regression equation for the model below, where x3 represents the dummy variable Gender. + (Round to three decimal places as needed.) Variables y x1 X2 17 X3 M 651M 9116 9 16 15 17 20 5 5 9 7 11 13 11 F 127M 272F TIM D 34 24 28 15 21 7 4 M F Print Done - X
Consider the accompanying set of dependent and independent variables. The variable x3 is qualitative with M = Male and F = Female. Complete parts a and b below. Click the icon to view the set of variables. a. Using technology, construct a regression model using all three independent variables. (Let variable Gender be the dummy variable for x3. Assign a 1 to a male.) Complete the regression equation for the model below, where x3 represents the dummy variable Gender. + (Round to three decimal places as needed.) Variables y x1 X2 17 X3 M 651M 9116 9 16 15 17 20 5 5 9 7 11 13 11 F 127M 272F TIM D 34 24 28 15 21 7 4 M F Print Done - X
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:Consider the accompanying set of dependent and independent variables. The variable x3 is qualitative with M = Male and F = Female. Complete parts a and b below.
Click the icon to view the set of variables.
a. Using technology, construct a regression model using all three independent variables. (Let variable Gender be the dummy variable for x3. Assign a 1 to a male.)
Complete the regression equation for the model below, where x3 represents the dummy variable Gender.
+
(Round to three decimal places as needed.)
Variables
y
x1
X2
17
X3
M
651M
9116
9 16
15 17 20
5
5 9 7
11
13 11
F
127M
272F
TIM
D
34
24
28
15 21
7
4
M
F
Print
Done
-
X
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