subject
Business, 19.12.2019 19:31 nickname0097

In a multiple regression, the dependent variable is house value (in '000$) and one of the independent variables is a dummy variable, which is defined as 1 if a house has a garage and 0 if not. the coefficient of the dummy variable is found to be 5.4 but the t-test reveals that it is not significant at the 0.05 level. which of the following is true?
the house value remains the same with or without a garage.
a garage increases the house value by $5,400, holding all other independent variables constant.
we need to include other dummy variables.

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 04:40
Select the correct text in the passage.which sentences in the given passage explains the limitations of monetary policies? monetary policies - limitationsmonetary policies are set by the central bank to bring about growth in the economy.de can be achieved these policiesw at anden i sca poit would be fair to say that changes in the economy cannot be brought about instantly by monetary po des.monetary policy can only influence not control, economic growththe monetary policy makers do work on sining the perfect balance between demand and supply of money in the economy
Answers: 3
question
Business, 22.06.2019 11:00
What is the advantage of developing criteria for assessing the effectiveness of business products and processes? a. assessment criteria are answers. b.assessment criteria are inexpensive. c.assessment criteria provide you with a list of relevant things to measure. d.assessment criteria provide you with a list of people to contact to learn more about process mentoring.
Answers: 3
question
Business, 22.06.2019 14:30
Turtle corporation produces and sells a single product. data concerning that product appear below: per unit percent of sales selling price $ 150 100 % variable expenses 75 50 % contribution margin $ 75 50 % the company is currently selling 5,600 units per month. fixed expenses are $194,000 per month. the marketing manager believes that a $5,300 increase in the monthly advertising budget would result in a 190 unit increase in monthly sales. what should be the overall effect on the company's monthly net operating income of this change?
Answers: 1
question
Business, 22.06.2019 18:00
What would not cause duff beer’s production possibilities curve to expand in the short run? a. improved manufacturing technology b. additional resources c. increased demand
Answers: 1
You know the right answer?
In a multiple regression, the dependent variable is house value (in '000$) and one of the independen...
Questions
question
Mathematics, 26.05.2021 01:00