Consider the following regression equation: Yt = β0 + β1X1+…+ βk Xk + ut. In which of...
Consider the following regression equation: Yt = β0 + β1X1+…+ βk Xk + ut. In which of the following cases is the dependent variable binary?
(a) The variable Ytindicates the gross domestic product of a country
(b) The variable Ytindicates whether an adult is employed
(c) The variable Ytindicates household consumption expenditure
(d) The variable Ytindicates the number of children in a family
Homework Answers
As it is quite clear from the explaination that all variables except adult employment status are quantitative variables.
Like Gross domestic product of a country, household consumption , number of child in a family are qunatitative variables but status of employment of an individual is either yes or no. i.e., it is a binary variable which takes just two values
Yes-Individual is employed
No-Individual is not employed
So option B is correct
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Consider the following multiple regression results below, which
examine the potential impact of smoking by the mother during
pregnancy has on the birth weights of their newborns. In the models
reported below, the dependent variable is birth weight (in pounds).
The explanatory variables are: the number of cigarettes smoked per
day during pregnancy by the mother, the birth order of the child in
the family (with 1 denoted first-born, 2 second-born, etc.), the
gender of the child (=1 if male...
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Id really appreciate help with this question:
Consider the following multiple regression results below, which examine the potential impact of smoking by the mother during pregnancy has on the birth weights of their newborns. In the models reported below, the dependent variable is birth weight (in pounds). The explanatory variables are: the number of cigarettes smoked per day during pregnancy by the mother, the birth order of the child in the family (with 1 denoted first-born, 2 second- born, etc.),...
Consider the following multiple regression results below, which examine the potential impact of smoking by the mother during pregnancy has on the birth weights of their newborns. In the models reported below, the dependent variable is birth weight (in pounds). The explanatory variables are: the number of cigarettes smoked per day during pregnancy by the mother, the birth order of the child in the family (with 1 denoted first-born, 2 second-born, etc.), the gender of the child (=1 if male...
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