By assigning dummy variables with the numbers 0 and 1 indicates the association is mutually exclusive and

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By assigning dummy variables with the numbers ‘0’ and ‘1’ indicates the association is mutually exclusive and exhaustive in any category. What other conditions must be considered for dummy variables in a dummy variable model analysis?

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Statistics For Business And Economics

ISBN: 9781292315034

9th Global Edition

Authors: Paul Newbold, William Carlson, Betty Thorne

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