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In the Fixed Effects Regression Model, Using (N - 1)binary ith i ^ { \text {th } }

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Short Answer

In the Fixed Effects regression model, using (n - 1)binary variables for the entities, the coefficient of the binary variable indicates a. the level of the fixed effect of the ith i ^ { \text {th } } entity.
b. will be either 0 or 1 .
c. the difference in fixed effects between the ith i ^ { \text {th } } and the first entity.
d. the response in the dependent variable to a percentage change in the binary variable.


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