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    Management Science Quantitative Approach
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    Exam 15: Time Series Analysis and Forecasting
  5. Question
    Whenever a Categorical Variable Such as Season Has K Levels,the
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Whenever a Categorical Variable Such as Season Has K Levels,the

Question 25

Question 25

Multiple Choice

Whenever a categorical variable such as season 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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