Consider the Following Regression Equation: Y = ₀

question 13

Multiple Choice

Consider the following regression equation: y = ₀+ ₁x₁+ …+ _k x_k + u In which of the following cases, the dependent variable is binary?

• A)y indicates the gross domestic product of a country
• B)y indicates whether an adult is a college dropout
• C) y indicates household consumption expenditure
• D) y indicates the number of children in a family

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