How to write the model specifications of a multiple regression analysis with dummy variables that are more than two categories? Provide your solutions using the example, y=spending,x1=education level (1 if primary,2 if secondary,3 if tertiary,4 if above),x2=type of job(1 if full times,2 if part timed,3 if retired) Write the regression equation of the example.

How to write the model specifications of a multiple regression analysis with dummy variables that are more than two categories? Provide your solutions using the example, y=spending,x1=education level (1 if primary,2 if secondary,3 if tertiary,4 if above),x2=type of job(1 if full times,2 if part timed,3 if retired) Write the regression equation of the example.

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018

18th Edition

ISBN:9780079039897

Author:Carter

Publisher:Carter

Chapter4: Equations Of Linear Functions

Section: Chapter Questions

Problem 4SGR

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