The Following Economic Model Predicts Whether a Voter Will Vote $\beta$

question 6

Multiple Choice

The following economic model predicts whether a voter will vote for an incumbent school board member INCUMBENT = $\beta$ ₁ + $\beta$ ₂ MALE + $\beta$ ₃ PARTY + $\beta$ ₄ MARRIED + $\beta$ ₅ KIDS
Where
INCUMBENT = 1 if the voter votes for them,0 otherwise.
MALE = 1 if the voter is a male.
PARTY indicates the voter is registered with the same political party as the incumbent.
MARRIED = 1 for married voters,0 otherwise.
KIDS is the number of school age kids living in the voter's house.
If you believe marriage affects male and female voters differently,which variable should you add to the economic model to allow you to test the hypothesis?

• A)MALE * PARTY
• B)MALE * MARRIED
• C)MARRIED * KIDS
• D)MARRIED * PARTY

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Definitions:

Goods Manufactured

Items that have been completed and are ready for sale, produced by a company during an accounting period.

Sales Salaries

Expenses associated with the payment of salaries to sales personnel, often included as part of a company's selling expenses.

Office Salaries

Expenditure related to the payment of wages and salaries for office staff involved in administrative and non-production work.

Product Costs

Costs that are incurred to acquire or manufacture a product, including direct materials, labor, and overhead expenses.