Multiple regression equation with dummy variables


For a study of 634 companies in three industries, DM = manufacturing, DR = retail, and DT = transportation; X1measures annual sales; and Y is annual profit rate. Set up two multiple regression equations that would enable you to investigate whether the type of industry and sales interact in predicting a company's profit rate.

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Basic Statistics: Multiple regression equation with dummy variables
Reference No:- TGS016811

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