In a bivariate OLS model where the dependent variable is income and the dummy variable is male, the coefficient β1 signifies the difference in the average income between males and females.
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Q2: Given the model Income = β0 +
Q3: We can include a categorical variable (such
Q4: The coefficient on the interaction of a
Q5: When conducting analysis using categorical variables, we
Q6: The fitted values from a multivariate regression
Q7: The fitted values from a multivariate regression
Q8: When dealing with categorical variables in the
Q9: Which of the following is NOT a
Q10: We are analyzing the effects of regime
Q11: We are analyzing the effects of regime
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