February 26, 2023February 26, 2023
Discipline: Statistics
Learning Goal: I’m working on a statistics question and need the explanation and answer to help me learn.
Consider the two variable regression problem with a dummy variable in the design matrix: y =β0+β1x +γd +ϵ , where d is a dummy-variable that is coded 1 if the observation satisfies a certain condition, and is 0 otherwise. Consider replacing the 0 and 1 values in d with −0.5 and 0.5, respectively. What is the resulting regression equation? In particular, how does the dummy variable parameter in the recoded model relate to γ ? Describe how to interpret the parameters of the recoded model. Is there a reason to prefer one coding over the other?
Are you struggling with your paper? Let us handle it - WE ARE EXPERTS!
Complete the order form by providing as much information as possible, and then click the submit button.
Choose writer
Select your preferred writer for the project, or let us assign the best writer for you.
Add funds
Allocate funds to your wallet. You can release these funds to the writer incrementally, after each section is completed and meets your expected quality.
Ready
Download the finished work. Review the paper and request free edits if needed. Optionally, rate the writer and leave a review.