You may believe that the gender of a salesperson influences the sales of cars. The best way to incorporate this predictor is by

Question

3 years ago

12

You may believe that the gender of a salesperson influences the sales of cars. The best way to incorporate this predictor is by

Group of answer choices
a. None of these answers are correct.
b. Using a single dummy variable in a regression model
c. Running two separate regressions, one for females and one for males.
d. Using two dummy variables in a regression model

Mathematics

1 answer:

Burka [1] · Answer 1 · 2022-04-05T05:34:57+03:00

Answer: The correct option is (b)

Using a single dummy variable in a regression model

Step-by-step explanation:

A regression model is a model that measures the relationship between a dependent variable and one or more independent variables. In this question the dependent variable y is the sales of the car and the independent variable is the choice of the gender of a salesperson, Which is single dummy variable.