Which of the following statements about the inclusion of dummy variables in econometric equations is false? O a. The dependent variable on the left side of an equation can be a dummy variable O b. An equation can have both a slope dummy and an intercept dummy on the right hand side O c.If there is a dummy variable as the dependent variable on the left side of an equation, intercept dummy cannot be placed as the explanatory variable on the right side; only a slope dummy can be placed on the right side Od. If there isa dummy variable as the dependent variable on the left side of an equation, both the intercept and the slope dummy can be placed as the explanatory variable on the right side

Which of the following statements about the inclusion of dummy variables in econometric equations is false? O a. The dependent variable on the left side of an equation can be a dummy variable O b. An equation can have both a slope dummy and an intercept dummy on the right hand side O c.If there is a dummy variable as the dependent variable on the left side of an equation, intercept dummy cannot be placed as the explanatory variable on the right side; only a slope dummy can be placed on the right side Od. If there isa dummy variable as the dependent variable on the left side of an equation, both the intercept and the slope dummy can be placed as the explanatory variable on the right side

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

See similar textbooks

Similar questions

Why we need to learn engineering economy?
Could you list the equations for each solution?
Why Do We Need to Use Cash Flows in Economic Analysis?
Can you help with the three questions on my worksheet that relate to the attached graph? Can you also advise if I have done my math correctly?
How did you get the productivity of the new unit. What formula is used?
What is the actual value on the Mec?
Typed plz Please provide me a solution stp by step i want quality solution also tske care of plagiarism also
How do economic engineers make typical personal decisions?
which quote best represents a person performing a cost-benfit analysis?
If value of MP S is 0.25 what is the value of MPC.
can you do part b, c, d and e i can hse 4 questions for it
Liz immigrated to Canada at age 33. By age 65, she will have lived in Canada for 32 years. Calculate her OAS