What is a dummy variable? Multiple Choice A variable not useful for forecasting, but necessary for...
What is a dummy variable?
Multiple Choice
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A variable not useful for forecasting, but necessary for completing the model.
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A variable that can be used as a sort of proxy measure for influences that do not have a direct numerical measure.
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A variable that predicts data patterns in the data set.
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A variable that can be substituted for an independent variable.
Homework Answers
a dummy variable is
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A variable that can be substituted for an independent variable.
Answer (D)
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What is a dummy variable?
Multiple Choice
A variable not useful for forecasting, but necessary for...
Use the Eli Orchid data to extend your regression model in P2 with the dummy variable representing the weekend. 1. In column B calculate the values of the dummy variable representing weekend (w). The dummy variable w is set to 1 for Saturday or Sunday. O
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What is the most difficult problem for a forecaster using multiple causal regression? Multiple Choice Monitoring...
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1.13 Consider a multiple regression model 1.15 Consider a multiple regression model: with a dummy variable:...
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Dummy Variable Regression: Choose any metric variable as the dependent variable (you can use the ...
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dependent variable (you can use the same one that you used in Part
A) and choose gender as an independent variable. Also choose one
more metric variable as an additional independent variable. Once
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multiple choice 1. Average weekly claims for unemployment insurance, money supply and the index of stock...
multiple choice 1. Average weekly claims for unemployment insurance, money supply and the index of stock prices are all examples of A) coincident indicators. B) leading indicators. C) lagging indicators. D) None of the above 2. The use of a dummy variable in regression analysis indicates A) that insufficient data is available for the analysis. B) that a researcher does not really know what to include in the equation. C) the use of hypothetical data. D) that a categorical variable...
Can someone help me with these multiple choice questions. Please explain why the answers. 1. A...
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dependent variable (you can use the same one that you used in Part
A) and choose gender as an independent variable. Also choose one
more metric variable as an additional independent variable. Once
again, however, you must sort through the metric independent
variables until you find one that, along with gender, produces a
significant F-calc. Use alpha = .05 here as well. You
only need to report the model that produced...
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