The model y = β₀ + β₁x + β₂d + β₃xd + ε is an example of a ________. A) simple linear regression model B) linear regression model with only dummy variable C) linear regression model with dummy variable and quantitative variable D) linear regression model with dummy variable, quantitative variable, and interaction variable

Question

The model y = β₀ + β₁x + β₂d + β₃xd + ε> is an example of a ________. A) simple linear regression model B) linear regression model with only dummy variable C) linear regression model with dummy variable and quantitative variable D) linear regression model with dummy variable, quantitative variable, and interaction variable

Quizplus · Accepted Answer

The model includes dummy variables, quantitative variables (x, d), and an interaction term (xd), making it a linear regression model with dummy variable, quantitative variable, and interaction variable.

The Model Y = β0 + β1x + β2d

The Model Y = β₀ + β₁x + β₂d