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You want to capture the seasonal variations of spring, summer, fall, and winter on sales of swimsuits using a regression model. Which of the following
You want to capture the seasonal variations of spring, summer, fall, and winter on sales of swimsuits using a regression model. Which of the following statements is TRUE? Check all that apply:
Four dummy variables should be used in the model.
Three dummy variables should be used in the model.
A multiple regression model should be used.
A simple regression model should be used.
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