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    Statistics for Business and Economics Study Set 3
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    Exam 15: Multiple Regression
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    If a Categorical Variable Has K Levels, the Number of Dummy
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If a Categorical Variable Has K Levels, the Number of Dummy

Question 65

Question 65

Multiple Choice

If a categorical variable has k levels, the number of dummy variables required is​


A) ​k - 1.
B) ​k.
C) ​k + 1.
D) ​2k.

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