Documents THE DUMMY VARIABLE TRAP 1 Suppose that you have a regression model with Y depending on a set of...

Slide 1 THE DUMMY VARIABLE TRAP 1 Suppose that you have a regression model with Y depending on a set of ordinary variables X 2,..., X k and a qualitative variable. Slide…

Documents Christopher Dougherty EC220 - Introduction to econometrics (chapter 5) Slideshow: the dummy variable...

Slide 1Christopher Dougherty EC220 - Introduction to econometrics (chapter 5) Slideshow: the dummy variable trap Original citation: Dougherty, C. (2012) EC220 - Introduction…