Consider the regression equation = b₀ + b₁xd with b₁ 0 and a dummy variable d. If d changes from 0 to 1, which of the following is true? A) The intercept increases by b₀ + b₁. B) The intercept increases by b₁. C) The slope increases by b₀ + b₁. D) The slope increases by b₁.

Question

Consider the regression equation = b₀ + b₁xd with b₁ > 0 and a dummy variable d. If d changes from 0 to 1, which of the following is true? A) The intercept increases by b₀ + b₁. B) The intercept increases by b₁. C) The slope increases by b₀ + b₁. D) The slope increases by b₁.

Quizplus · Accepted Answer

The Answer of Consider the regression equation = b₀ + b₁xd with b₁ > 0 and a dummy variable d. If d changes from 0 to 1, which of the following is true? A) The intercept increases by b₀ + b₁. B) The intercept increases by b₁. C) The slope increases by b₀ + b₁. D) The slope increases by b₁.

Consider the Regression Equation = B0 + B1xd with B1

Consider the Regression Equation = B₀ + B₁xd with B₁