Question: A qualitative predictor can be used in a linear regression model by creating a set of k - 1 dummy coded variables/indicators and including the
A qualitative predictor can be used in a linear regression model by creating a set of k - 1 dummy coded variables/indicators and including the variables/indicators as predictors in a regression model. A qualitative predictor can be used in a linear regression model by creating a set of k - 1 dummy coded variables/indicators and including the variables/indicators as predictors in a regression model. True False
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
