Consider the Following Regression Equation: Y = ₀

question 6

Multiple Choice

Consider the following regression equation: y = ₀+ ₁x₁ + … + _kx_k + u In which of the following cases, is 'y' a discrete variable?

• A)y indicates the gross domestic product of a country
• B)y indicates the total volume of rainfall during a year
• C)y indicates household consumption expenditure
• D)y indicates the number of children in a family

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Definitions:

Emotional Ways

Approaches or methods that are heavily influenced by or appeal to emotions, often used in making decisions or in interpersonal communications.

Branding

involves creating a distinct image, identity, and reputation for a product, service, or organization in the mind of the target audience, using elements such as logos, messaging, and design.

Rational Ways

Approaches or methods guided by logic and reason, often emphasizing the importance of evidence-based decision-making.

Intrinsically Unethical

Refers to actions or behaviors that are inherently wrong or immoral by nature, regardless of context or consequences.