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 Ob. An equation can have both a slope dummy and an intercept dummy on the right hand side Oc 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 O d. If there is a 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

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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
O d. If there is a 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
Transcribed Image Text: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 O d. If there is a 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 is incorrect?
a.
Regression with one dummy variable (predictor) corresponds directly to an independent t-test
Ob.
Regression with more than one dummy variable (predictor) corresponds directly to an independent analysis of variance
(ANOVA)
Regression with more than one dummy variable including a covariate corresponds directly to an independent analysis of
covariance
O d. Regression with one dummy variable (predictor) corresponds directly to an independent analysis of variance (ANOVA)
Transcribed Image Text:Which of the following is incorrect? a. Regression with one dummy variable (predictor) corresponds directly to an independent t-test Ob. Regression with more than one dummy variable (predictor) corresponds directly to an independent analysis of variance (ANOVA) Regression with more than one dummy variable including a covariate corresponds directly to an independent analysis of covariance O d. Regression with one dummy variable (predictor) corresponds directly to an independent analysis of variance (ANOVA)
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