Suppose That a Researcher Wishes to Test for Calendar (Seasonal)

question 7

Multiple Choice

Suppose that a researcher wishes to test for calendar (seasonal) effects using a dummy variables approach. Which of the following regressions could be used to examine this?
(I) A regression containing intercept dummies
(ii) A regression containing slope dummies
(iii) A regression containing intercept and slope dummies
(iv) A regression containing a dummy variable taking the value 1 for one observation and zero for all others

• A) (ii) and (iv) only
• B) (i) and (iii) only
• C) (i), (ii), and (iii) only
• D) (i), (ii), (iii), and (iv).

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Definitions:

Aymara Language

A Native South American language spoken by the Aymara people in Bolivia, Peru, and Chile.

Highland Bolivia

Pertains to the geographic and cultural region of Bolivia that is characterized by elevated terrain, including the Andes Mountains, with distinct indigenous cultures and historical developments.

Proxemics

The study of how humans use space in communication and interaction, including personal distance zones and the implications of physical space on social interactions.

Cross-Cultural

A comparison or interaction between different cultures or cultural practices to highlight differences and similarities.