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    Modern Business Statistics Study Set 1
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    Exam 15: Multiple Regression
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    If a Qualitative Variable Has K Levels, the Number of Dummy
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If a Qualitative Variable Has K Levels, the Number of Dummy

Question 18

Question 18

Multiple Choice

If a qualitative variable has k levels, the number of dummy variables required is _____.


A) k − 1
B) k
C) k + 1
D) 2k

Correct Answer:

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