O WEBCAM RECORDINGIndustrial Economicsda 13Suppose that a researcher, by using a sample of transactions of residential houses, wants to estimate how the price of the houses is affected by thepresence of an elevator in the building. To this end, he wants to regress the price of the house in thousands euro, price, on the dummy elevatorindicating the presence of the elevator (dummy equal to 1) or not (dummy equal to 0).a nondataggio max.Unfortunately, he makes a mistake so that he uses the original dummy divided by 100, so a variable that takes value 0.01 if there is an elevator in thebuilding and 0 if not.ontrassegnaHow the estimated value of the coefficient of the dummy will be affected by this mistake:ndaO (a) It will be multiplied by 100O (b) It will be divided by 100(c) It will change according to the proportion of flats in buildings with and without elevatorO (d) None of the abovePrecedenteSuccessivo

Name: O WEBCAM RECORDINGIndustrial Economicsda 13Suppose that a researcher,
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Description: O WEBCAM RECORDINGIndustrial Economicsda 13Suppose that a researcher, by using a sample of transactions of residential houses, wants to estimate how the price of the houses is affected by thepresence of an elevator in the building. To this end, he w

In simple linear regression model the equation relates the response variable with on explanatory…

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Suppose thata researcher, by using a sample of transactions of residential houses, wants to estimate how the price of the houses is affected by the presence of an elevator in the building. To this end, he wants to regress the price of the house in thousands euro, price, on the dummy elevator indicating the presence of the elevator (dummy equal to 1) or not (dummy equal to 0). Unfortunately, he makes a mistake so that he uses the original dummy divided by 100, so a variable that takes value 0.01 if there is an elevator in the building and 0 if not. How the estimated value of the coefficient of the dummy will be affected by this mistake: O (a) It will be multiplied by 100 O (b) It will be divided by 100 O (c) It will change according to the proportion of flats in buildings with and without elevator O (d) None of the above

Suppose thata researcher, by using a sample of transactions of residential houses, wants to estimate how the price of the houses is affected by the presence of an elevator in the building. To this end, he wants to regress the price of the house in thousands euro, price, on the dummy elevator indicating the presence of the elevator (dummy equal to 1) or not (dummy equal to 0). Unfortunately, he makes a mistake so that he uses the original dummy divided by 100, so a variable that takes value 0.01 if there is an elevator in the building and 0 if not. How the estimated value of the coefficient of the dummy will be affected by this mistake: O (a) It will be multiplied by 100 O (b) It will be divided by 100 O (c) It will change according to the proportion of flats in buildings with and without elevator O (d) None of the above

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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