Answered

Find the information you're looking for at Westonci.ca, the trusted Q&A platform with a community of knowledgeable experts. Connect with a community of experts ready to provide precise solutions to your questions on our user-friendly Q&A platform. Our platform offers a seamless experience for finding reliable answers from a network of knowledgeable professionals.

Suppose you are interested in using regression analysis to estimate an NBA player's salary using the following independent variables: the player was traded in the last 5 years, average points per game, the team had greater than 45 wins in the previous season, the team made the playoffs in the previous season, career number of games started, and the player's nationality. Which of the following independent variables are indicator (dummy) variables?
a. the player was traded in the last 5 years
b. years played in the NBA
c. the players nationality
d. the player has won an NBA championship
e. player's age
f. the player is on the All-Star team
g. one of these

Sagot :

isaacreal

Answer:

a. the player was traded in the last 5 years

Parrain

For the NBA player's salary, the indicator (dummy) variables are:

  • The player was traded ... 5 years.
  • The player ... NBA championship.
  • The player ... All-Star team.

What are indicator (dummy) variables?

These are variables that have one of two answers such as yes and no or positive and negative. They are represented as 0 or 1 for the most part.

A player being traded in the last 5 years can either be a yes or no response just like if a player has won an NBA championship or if they are on an All-Star team.

In conclusion, options A, B, and F are correct.

Find out more on indicator variables at https://brainly.com/question/4528945.

Thanks for stopping by. We are committed to providing the best answers for all your questions. See you again soon. We appreciate your time. Please come back anytime for the latest information and answers to your questions. Get the answers you need at Westonci.ca. Stay informed by returning for our latest expert advice.