Consider the following binary variable version of the fixed effects model. Each regressor Dj is a binary variable that equals 1 when i =j and 0 otherwise. Note that the binary variable D1; for the first group is arbitrarily omitted. Yit = Bo + B₁Xit +12 D2; +√3D3; + ;+ ... + YnDn; + Uit Use the regression in the equation above and the tool palette to the right to answer the following questions. What is the slope and intercept for entity 1 in time period 2? The slope of entity 1 in time period 2 is The intercept of entity 1 in time period 2 is (Properly format your expressions using the tools in the palette. Hover over tools to see keyboard shortcuts. E.g., a subscript can be created with the character.)

Calculus For The Life Sciences
2nd Edition
ISBN:9780321964038
Author:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Publisher:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Chapter4: Calculating The Derivative
Section4.1: Techniques For Finding Derivatives
Problem 64E: Dogs Human Age From the data printed in the following table from the Minneapolis Star Tribune on...
icon
Related questions
Question
Consider the following binary variable version of the fixed effects model. Each regressor Dj is a binary variable that equals 1
when i = j and 0 otherwise. Note that the binary variable D1; for the first group is arbitrarily omitted.
Yit = Bo + B₁Xit + 1⁄2D2; +√3D3; + ... + YnDn; + Uit
Use the regression in the equation above and the tool palette to the right to answer the following questions.
What is the slope and intercept for entity 1 in time period 2?
The slope of entity 1 in time period 2 is
The intercept of entity 1 in time period 2 is
(Properly format your expressions using the tools in the palette. Hover over tools to see keyboard shortcuts. E.g., a subscript
can be created with the character.)
Transcribed Image Text:Consider the following binary variable version of the fixed effects model. Each regressor Dj is a binary variable that equals 1 when i = j and 0 otherwise. Note that the binary variable D1; for the first group is arbitrarily omitted. Yit = Bo + B₁Xit + 1⁄2D2; +√3D3; + ... + YnDn; + Uit Use the regression in the equation above and the tool palette to the right to answer the following questions. What is the slope and intercept for entity 1 in time period 2? The slope of entity 1 in time period 2 is The intercept of entity 1 in time period 2 is (Properly format your expressions using the tools in the palette. Hover over tools to see keyboard shortcuts. E.g., a subscript can be created with the character.)
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps with 2 images

Blurred answer