Question: Distinguish between categorical and binary variables with an example of each. 1.29: Identify the following functions: (1): q=a+p; (ii): q=a+p: (i): GDP, = GDP, (1+r)';
Distinguish between categorical and binary variables with an example of each.
1.29: Identify the following functions:
(1): q=a+p; (ii): q=a+p: (i): GDP, = GDP, (1+r)'; (iv): GDP = e; (v): q = Ay; (vi): q = Aye"; (vii): GDP =ALK; (ix): Quick Ratio = Current Assets - Inventories Current Liabilities (x): Total Debt Ratio =. Total Debt Total Assets (xi): Y =+BY and (xii): C =a+Y.
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