A researcher is estimating an equation for sales of a company considering a range of independent variables. Which case should be modelled with a dummy variable? Select one: a. the effect of price b. the effect of advertising expenditure c. the effect of seasonality d. the effect of inflation Clear my choice
A researcher is estimating an equation for sales of a company considering a range of independent variables. Which case should be modelled with a dummy variable? Select one: a. the effect of price b. the effect of advertising expenditure c. the effect of seasonality d. the effect of inflation Clear my choice
Managerial Economics: Applications, Strategies and Tactics (MindTap Course List)
14th Edition
ISBN:9781305506381
Author:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Publisher:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Chapter4A: Problems In Applying The Linear Regression Model
Section: Chapter Questions
Problem 5E
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Question
q16b-
A researcher is estimating an equation for sales of a company considering a range of independent variables.
Which case should be modelled with a dummy variable?
Select one:
a.
the effect of
b.
the effect of advertising expenditure
c.
the effect of seasonality
d.
the effect of inflation
Clear my choice
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