Explain how to deal with categorical variables when it comes to running regression analysis, and how to interpret the results. Frame your answer in the context of explaining income (the dependent variable) as a function of region (a categorical independent variable).
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Q10: We are analyzing the effects of regime
Q11: We are analyzing the effects of regime
Q12: Given the model Income = 40 +
Q13: It is sometimes useful to "jitter" data
Q14: Suppose we are interested in the effect
Q15: Consider the following regression results: Income
Q16: Explain the reason why we cannot include
Q17: Given the following regression results: Income =
Q18: Explain the difference between a bivariate and
Q19: Given the model College GPA = 2.0
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