To explain personal consumption (CONS) measured in dollars,data is collected for 
A regression analysis was performed with CONS as the dependent variable and CRDTLIM,APR,ADVT,and SEX as the independent variables.The estimated model was
? = 2.28 - 0.29 CRDTLIM - 5.77 APR + 2.35 ADVT + 0.39 SEX
What is the correct interpretation for the estimated coefficient for SEX?
A) Holding the effect of the other independent variables constant,mean personal consumption for females is estimated to be $0.39 higher than males.
B) Holding the effect of the other independent variables constant,mean personal consumption for males is estimated to be $0.39 higher than females.
C) Holding the effect of the other independent variables constant,mean personal consumption for females is estimated to be 0.39% higher than males.
D) Holding the effect of the other independent variables constant,mean personal consumption for males is estimated to be 0.39% higher than females.
Correct Answer:
Verified
Q139: SCENARIO 14-8
A financial analyst wanted to examine
Q140: SCENARIO 14-10
You worked as an intern at
Q141: SCENARIO 14-10
You worked as an intern at
Q142: In a multiple regression model,the adjusted r
Q143: An interaction term in a multiple regression
Q145: A dummy variable is used as an
Q146: SCENARIO 14-10
You worked as an intern at
Q147: SCENARIO 14-10
You worked as an intern at
Q148: SCENARIO 14-10
You worked as an intern at
Q149: SCENARIO 14-10
You worked as an intern
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents