Exhibit 17

question 66

Multiple Choice

Exhibit 17.3.Consider the regression model, Humidity = β₀ + β₁Temperature + β₂Spring + β₃Summer + β₄Fall + β₅Rain + ε,
Where the dummy variables Spring,Summer,and Fall represent the qualitative variable Season (spring,summer,fall,winter) ,and the dummy variable Rain is defined as Rain = 1 if rainy day,Rain = 0 otherwise.
Refer to Exhibit 17.3.What is the regression equation for the summer days?

• A) = (b₀ + b₃)+ b₁Temperature + b₅Rain
• B) = b₀ + b₁Temperature + b₅Rain
• C) = b₀ + b₁Temperature + b₂Spring + b₅Rain

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Definitions:

Intangible Resources

Non-physical assets such as skills, knowledge, reputation, and relationships that can contribute to an organization's or individual's success.

Dichotomous Variable

A variable that has only two possible categories or states, often represented as 0 or 1 in quantitative research.

Continuous Variable

A type of variable that can take on an infinite number of values within a range, often used in statistical analysis to measure things like time, temperature, or height.

Distress

Extreme anxiety, sorrow, or pain that can affect mental and physical health.