Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

I'm working on a multiple regression trying to predict whether a customer churns. The dependent variable is churn (yes or no, which I transformed to

I'm working on a multiple regression trying to predict whether a customer churns. The dependent variable is churn (yes or no, which I transformed to 1, 0. The independent variable consist of a couple of continuous variables and some binary variables (with 1 and/or 0 as values). My question is, should I choose a different dependent variable because churn is binary or is this okay?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Linear Algebra A Modern Introduction

Authors: David Poole

3rd edition

9781133169574 , 978-0538735452

Students also viewed these Mathematics questions

Question

=+c) Compute the CV and RRR for each decision.

Answered: 1 week ago