In a regression study three types of banks were involved nam

In a regression study, three types of banks were involved, namely, commercial, mutual savings, and savings and loan. Consider the following system of indicator variables for type of bank Develop a first-order linear regression model for relating last years profit or loss (y) to size of bank X\\ and type of bank (X2, X3). State the response functions for the three types of banks. Interpret the quantities beta2 and beta3.

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