Multiple Choice
Ann is analyzing a data set that contains two variables, Job Title and 401K. 401K contains the name of the three companies that carry the retirement accounts. It is mandatory to have an account, thus no observation is blank. If 401K was transformed to dummy variables, how many should be created?
A) 2
B) 3
C) 4
D) 1
Correct Answer:
Verified
Correct Answer:
Verified
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