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An economist wants to compare the mean dollar amounts owed by credit card customers with delinquent accounts (accounts that have not been paid). The

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An economist wants to compare the mean dollar amounts owed by credit card customers with delinquent accounts (accounts that have not been paid). The economist decides to compare using the categories of low income, middle income, and high income. How many levels of this dummy variable should be constructed for this multiple regression model? 03 1 02

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