Question: Rather than create five dummy variables to represent a categorical variable C with five labels, an analyst defined the variable X by converting the categories

Rather than create five dummy variables to represent a categorical variable C with five labels, an analyst defined the variable X by converting the categories to the numbers 1, 2, 3, 4, and 5. Does the regression of Y on X produce the same results as a regression of Y on four dummy variables that represent four of the categories of C?

Step by Step Solution

3.49 Rating (175 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

Not even close An analysis of variance fits eac... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Document Format (1 attachment)

Word file Icon

489-M-S-V-A (661).docx

120 KBs Word File

Students Have Also Explored These Related Statistics Questions!