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    Exam 15: Time Series Analysis and Forecasting
  5. Question
    ?Whenever a Categorical Variable Such as Season Has K Levels
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?Whenever a Categorical Variable Such as Season Has K Levels

Question 53

Question 53

Multiple Choice

?Whenever a categorical variable such as season has k levels, the number of dummy variables required


A) ?k - 1
B) ?k
C) ?k + 1
D) ?2k

Correct Answer:

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