Solved

Exhibit 17

Question 70

Multiple Choice

Exhibit 17.3.Consider the regression model, Humidity = β0 + β1Temperature + β2Spring + β3Summer + β4Fall + β5Rain + ε,
Where the dummy variables Spring,Summer,and Fall represent the qualitative variable Season (spring,summer,fall,winter) ,and the dummy variable Rain is defined as Rain = 1 if rainy day,Rain = 0 otherwise.
Refer to Exhibit 17.3.What is the regression equation for the winter rainy days?


A) Exhibit 17.3.Consider the regression model, Humidity = β<sub>0</sub> + β<sub>1</sub>Temperature + β<sub>2</sub>Spring + β<sub>3</sub>Summer + β<sub>4</sub>Fall + β<sub>5</sub>Rain + ε, Where the dummy variables Spring,Summer,and Fall represent the qualitative variable Season (spring,summer,fall,winter) ,and the dummy variable Rain is defined as Rain = 1 if rainy day,Rain = 0 otherwise. Refer to Exhibit 17.3.What is the regression equation for the winter rainy days? A)    = (b<sub>0</sub> + b<sub>3</sub>) + b<sub>1</sub>Temperature + b<sub>5</sub>Rain B)    = (b<sub>0</sub> + b<sub>5</sub>) + b<sub>1</sub>Temperature C)    = (b<sub>0</sub> + b<sub>2</sub> + b<sub>3</sub> + b<sub>4</sub> + b<sub>5</sub>) + b<sub>1</sub>Temperature D)   = (b0 + b3) + b1Temperature + b5Rain
B) Exhibit 17.3.Consider the regression model, Humidity = β<sub>0</sub> + β<sub>1</sub>Temperature + β<sub>2</sub>Spring + β<sub>3</sub>Summer + β<sub>4</sub>Fall + β<sub>5</sub>Rain + ε, Where the dummy variables Spring,Summer,and Fall represent the qualitative variable Season (spring,summer,fall,winter) ,and the dummy variable Rain is defined as Rain = 1 if rainy day,Rain = 0 otherwise. Refer to Exhibit 17.3.What is the regression equation for the winter rainy days? A)    = (b<sub>0</sub> + b<sub>3</sub>) + b<sub>1</sub>Temperature + b<sub>5</sub>Rain B)    = (b<sub>0</sub> + b<sub>5</sub>) + b<sub>1</sub>Temperature C)    = (b<sub>0</sub> + b<sub>2</sub> + b<sub>3</sub> + b<sub>4</sub> + b<sub>5</sub>) + b<sub>1</sub>Temperature D)   = (b0 + b5) + b1Temperature
C) Exhibit 17.3.Consider the regression model, Humidity = β<sub>0</sub> + β<sub>1</sub>Temperature + β<sub>2</sub>Spring + β<sub>3</sub>Summer + β<sub>4</sub>Fall + β<sub>5</sub>Rain + ε, Where the dummy variables Spring,Summer,and Fall represent the qualitative variable Season (spring,summer,fall,winter) ,and the dummy variable Rain is defined as Rain = 1 if rainy day,Rain = 0 otherwise. Refer to Exhibit 17.3.What is the regression equation for the winter rainy days? A)    = (b<sub>0</sub> + b<sub>3</sub>) + b<sub>1</sub>Temperature + b<sub>5</sub>Rain B)    = (b<sub>0</sub> + b<sub>5</sub>) + b<sub>1</sub>Temperature C)    = (b<sub>0</sub> + b<sub>2</sub> + b<sub>3</sub> + b<sub>4</sub> + b<sub>5</sub>) + b<sub>1</sub>Temperature D)   = (b0 + b2 + b3 + b4 + b5) + b1Temperature
D) Exhibit 17.3.Consider the regression model, Humidity = β<sub>0</sub> + β<sub>1</sub>Temperature + β<sub>2</sub>Spring + β<sub>3</sub>Summer + β<sub>4</sub>Fall + β<sub>5</sub>Rain + ε, Where the dummy variables Spring,Summer,and Fall represent the qualitative variable Season (spring,summer,fall,winter) ,and the dummy variable Rain is defined as Rain = 1 if rainy day,Rain = 0 otherwise. Refer to Exhibit 17.3.What is the regression equation for the winter rainy days? A)    = (b<sub>0</sub> + b<sub>3</sub>) + b<sub>1</sub>Temperature + b<sub>5</sub>Rain B)    = (b<sub>0</sub> + b<sub>5</sub>) + b<sub>1</sub>Temperature C)    = (b<sub>0</sub> + b<sub>2</sub> + b<sub>3</sub> + b<sub>4</sub> + b<sub>5</sub>) + b<sub>1</sub>Temperature D)

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents