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Question 3.09 Homework . Unanswered Which of the following is an example of a dummy variable? O A A consumers age 0 B A cons
Question 3.07 Homework . Unanswered Which of the following is correct if the coefficient for a variable is -6.78 and the stan
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Answer #1

1. Correct option: (d) If a consumer has a business degree

Reason: The consumer having a business degree is a dummy variable as it can take a value of either 0 or 1, depending upon yje answer is yes or no

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