Running a separate regression model for each person would yield the best results and effectively deal with heterogeneity.We do not do this for all of the following reasons except A) researchers don't ordinarily have many pieces of data for each individual B) researchers are looking for a unified explanation of a phenomena C) individuals tend to give the same answers anyway D) it is expensive to prepare a separate marketing approach for each individual

Question

Quizplus · Accepted Answer

Heterogeneity implies that people do not tend to give the same answers.

Running a Separate Regression Model for Each Person Would Yield