menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Statistics
  3. Study Set
    Business Analytics Study Set 1
  4. Exam
    Exam 8: Trendlines and Regression Analysis
  5. Question
    How Many Additional Dummy Variables Are Required If a Categorical
Solved

How Many Additional Dummy Variables Are Required If a Categorical

Question 54

Question 54

Multiple Choice

How many additional dummy variables are required if a categorical variable has 4 levels?


A) 2
B) 3
C) 1
D) 4

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q48: Which of the following helps in evaluation

Q49: Identify the components of simple linear

Q50: Interaction is:<br>A) the principle of having a

Q51: Standard residuals:<br>A) help detect outliers that may

Q52: In predictive analysis models, a second-order polynomial

Q53: When are logarithmic functions used in predictive

Q55: provide information about the unknown values of

Q56: For a simple linear regression model, significance

Q57: A good regression model has the fewest

Q58: For an independent variable Y, the error

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines