1. What is an indicator or a dummy variable? Give three examples. 2. How would you code...

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1. What is an indicator or a dummy variable? Give three examples.
2. How would you code a dummy variable with three categories?

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Business Statistics For Contemporary Decision Making

ISBN: 9781119577621

3rd Canadian Edition

Authors: Ken Black, Ignacio Castillo

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Question Posted: May 13, 2023 02:07 AM

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1. What is an indicator or a dummy variable? Give three examples. 2. How would you code...

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An indicator or a dummy variable is a binary variable used in statistics and econometrics to represe...View the full answer

Business Statistics For Contemporary Decision Making

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