THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
You are interested in determining the number of hours that college students spend studying each week.You identify the following variables:
Y = number of hours spent studying each week
X₁= 1 if the student is a freshman,0 otherwise
X₂ = 1 if the student is a sophomore,0 otherwise
X₃= 1 if the student is a junior,0 otherwise
X₄ = 1 if the student is a senior,0 otherwise
X₅ = 1 if the student is a business major,0 otherwise
X₆ = 1 if the student is an arts and sciences major,0 otherwise
X₇ = 1 if the student is an engineering major,0 otherwise
-Suppose you model the relationship as Y = β₀ + β₁X₁ + β₂X₂ + β₃X₃ + β₅X₅ + β₆X₆.What effect does being a business student have on hours studying each week?

Question

Quizplus · Accepted Answer

The Answer of THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION: You are interested in determining the number of hours that college students spend studying each week.You identify the following variables: Y = number of hours spent studying each week X 1 = 1 if the student is a freshman,0 otherwise X 2 = 1 if the student is a sophomore,0 otherwise X 3 = 1 if the student is a junior,0 otherwise X 4 = 1 if the student is a senior,0 otherwise X 5 = 1 if the student is a business major,0 otherwise X 6 = 1 if the student is an arts and sciences major,0 otherwise X 7 = 1 if the student is an engineering major,0 otherwise -Suppose you model the relationship as Y = β₀ + β₁X₁ + β₂X₂ + β₃X₃ + β₅X₅ + β₆X₆.What effect does being a business student have on hours studying each week? A)β₅ - β₀ B)β₅ C)β₅ + β₀ D)β₅ _* β₀