Suppose you have four classifications: freshmen (f), sophomore (so), junior (j), and senior (se). You construct a dummy variable, one for each classification that takes on the value of (1) should that classification be true for that observation and 0 otherwise. Further assume that you estimate the following model: E[GPA]= .5*ACT+.1*So+.2*J+.1*Se What is the omitted category? Enter 1 for Freshmen, 2 for Sophomores, 3 for Juniors, 4 for Seniors.
Suppose you have four classifications: freshmen (f), sophomore (so), junior (j), and senior (se). You construct a dummy variable, one for each classification that takes on the value of (1) should that classification be true for that observation and 0 otherwise. Further assume that you estimate the following model: E[GPA]= .5*ACT+.1*So+.2*J+.1*Se What is the omitted category? Enter 1 for Freshmen, 2 for Sophomores, 3 for Juniors, 4 for Seniors.
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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Suppose you have four classifications: freshmen (f), sophomore (so), junior (j), and senior (se). You construct a dummy variable, one for each classification that takes on the value of (1) should that classification be true for that observation and 0 otherwise.
Further assume that you estimate the following model:
E[GPA]= .5*ACT+.1*So+.2*J+.1*Se
What is the omitted category?
Enter 1 for Freshmen, 2 for Sophomores, 3 for Juniors, 4 for Seniors.
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