Question: Assuming that the linear regression model includes an intercept, how many dummy variables representing a qualitative variable should be A. one less than the number

Assuming that the linear regression model includes an intercept, how many dummy variables representing a qualitative variable should be

A. one less than the number of categories of the variable.
B. two less than the number of categories of the variable.
C. the same number as the number of categories of the variable.
D. None of the answers are correct.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock 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

Students Have Also Explored These Related Mathematics Questions!