Multiple Choice
To include a nominal variable in the regression model we need to transform it into:
A) the intercept
B) an indicator variable
C) an interaction term
D) a polynomial term
Correct Answer:
Verified
Correct Answer:
Verified
Q12: It is not possible to incorporate nominal
Q13: The model <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4388/.jpg" alt="The model
Q14: Which of the following statements about dummy
Q15: Suppose that the sample regression line of
Q16: Another term for a first-order polynomial model
Q18: _ regression is an iterative procedure that
Q19: The model y = β<sub>0</sub> + β<sub>1</sub>x
Q20: The model y = β<sub>0</sub> + β<sub>1</sub>x<sub>1</sub>
Q21: Regression analysis allows the statistics practitioner to
Q22: For the following regression equation <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4388/.jpg"