NO.PZ201904080100004601
问题如下：
1. According to the statistical results of linear regression, which of the following conclusions can Frank get?
选项：
A.the dummy variable has no statistical significance.
B.biotechnology industry PEs are statistically significantly larger than medical equipmentindustry PEs.
C.biotechnology industry PEs are statistically significantly larger than medical equipment industry PEs, holding DPO, G, and B constant.
D.medical equipment PEs are statistically significantly larger than biotechnology industry PEs, holding DPO, G, and B constant.
解释：
C is correct.
考点：Dummy Variables
解析：在其他变量保持不变的前提下，当哑变量IND=1时，意味着选取的是生物科技行业股；当哑变量IND=0时，意味着选取的是医疗设备行业股。又因为IND前的系数为正，所以生物科技行业股的P/E Ratio会比医疗设备行业股显著更高。
