Answered

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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.

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