How do you interpret the various dummy coefficients

Reference no: EM131480383

Question: In the cancer data we have 43 observations for each type of cancer, giving a total of 172 observations for all the cancer types. Suppose you now estimate the following regression model:

C_i = B₁ + B₂Cig_i + B₃Lung_i + B₄Kidney_i + B₅Leukemia_i + u_i

where C = number of deaths from cancer, Cig number of cigarettes smoked, a dummy taking a value of 1 if the cancer type is lung, 0 otherwise, Kidney = a dummy taking a value of 1 if the cancer type is kidney, 0 other wise, and Leukemia 1 if the cancer type is leukemia, 0 otherwise. Treat deaths from bladder cancer as a reference group.

(a) Estimate this model, obtaining the usual regression output.

(b) How do you interpret the various dummy coefficients?

(d) What is the advantage of the dummy variable regression model over estimating deaths from each type of cancer in relation to the number of cigarettes smoked separately?

Reference no: EM131480383

Questions Cloud

Define and explain mark-to-market accounting approach : ACC305 Accounting Theory - Define and explain mark-to-market accounting approach and give examples where Enron's management/accountants perhaps misused

Simple airline ticketing system for very simple airline : Your employer has determined a market for a simple airline ticketing system for a very simple airline (Tree Top Airways - TTA).

What important facts are still in dispute : Do we really know all the relevant facts? What important facts are still in dispute? Do the established facts support the inferences in the Freeh Report?

Managing files and the world of windows : Take a position on whether or not standardization and naming conventions are critical for properly managing files and folders.

How do you interpret the various dummy coefficients : In the cancer data we have 43 observations for each type of cancer, giving a total of 172 observations for all the cancer types. Suppose you now estimate.

Example of an attack tree : Write a summary on the topic and give an example of an attack tree with a minimum of 10 nodes and a combination of AND and OR.

Displays the state bird and flower : Write a Java program the displays the State bird and flower. You should use your IDE for this exercise.

How do the primary care needs of older adults : How do the primary care needs of older adults differ from the general population of adults.

What are the health care requirements of the community : According to the data related to morbidity, mortality, and prevalence, what are the incidence rates of the diseases in your community?

User Account

All Pages