Answer Happy

5. Consider the following binary variable version of the fixed effects model. Each regressor Dj is a binary variable that equals 1 when i = j and 0 otherwise. Note that the binary variable D1; for the first group is arbitrarily omitted. Yit = Bo + B₁Xit +Y₂D2; +√3D3; + ... + YnDn; + Uit Use the regression in the equation above and the tool palette to the right to answer the following questions. What is the slope and intercept for entity 2 in time period 1? (Properly format your expressions using the tools in the palette. Hover over tools to see keyboard shortcuts. E.g., a subscript can be created with the _ character.) What is the slope and intercept for entity 3 in time period 1? (Properly format your expressions using the tools in the palette.) What is the slope and intercept for entity 1 in time period 1? The slope of entity 2 in time period 1 is The intercept of entity 2 in time period 1 is (Properly format your expressions using the tools in the palette.) The slope of entity 3 in time period 1 is The intercept of entity 3 in time period 1 is The slope of entity 1 in time period 1 is The intercept of entity 1 in time period 1 is