Define 11 as an interaction variable created from two binary variables, D1 and D2. Suppose we have a regression model containing only the variables D1, D2 and 11. Then, the sum of the regression coefficients on D1 and 11 will be:

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Define 11 as an interaction variable created from two binary variables, D1 and D2. Suppose we
have a regression model containing only the variables D1, D2 and 11. Then, the sum of the
regression coefficients on D1 and 11 will be:
The average value of Y when D2=0.
The effect of D1 on Y when D2=1.
O The average value of Y when D2=1.
O The effect of D1 on Y when D2=0.
Transcribed Image Text:Define 11 as an interaction variable created from two binary variables, D1 and D2. Suppose we have a regression model containing only the variables D1, D2 and 11. Then, the sum of the regression coefficients on D1 and 11 will be: The average value of Y when D2=0. The effect of D1 on Y when D2=1. O The average value of Y when D2=1. O The effect of D1 on Y when D2=0.
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