Repeat Exercise 17 23 but for clients whose risk levels have
Repeat Exercise 17.23, but for clients whose risk levels have been specified as low, medium, high, or very high.
Repeat exercise
Data to be used in a linear regression analysis involving clients of an investment counselor include information regarding the risk level each client has specified: low, medium, or high. Determine the number of qualitative independent variables that will be required to represent this information and describe the coding scheme for each.
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