Consider the Model Y = β₀ + β₁x + β₂d

question 68

Multiple Choice

Consider the model y = β₀ + β₁x + β₂d + ε, where x is a quantitative variable and d is a dummy variable. When d = 1, the predicted value of y ________.

• A) = b₀ + b₁x + b₂x
• B) = b₀ + b₁x
• C) = (b₀ + b₁)x + b₂
• D) = (b₀ + b₂) + b₁x

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