Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Assuming that the linear regression model includes an intercept, how many dummy variables representing a qualitative variable should be A. one less than the number
Assuming that the linear regression model includes an intercept, how many dummy variables representing a qualitative variable should be
A. | one less than the number of categories of the variable. | |
B. | two less than the number of categories of the variable. | |
C. | the same number as the number of categories of the variable. | |
D. | None of the answers are correct. |
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started