In a Study of Employees at a Local Company, the Human

True/False

In a study of employees at a local company, the human resource manager wants to develop a multiple regression model to explain the difference in employee wage rates. She is thinking of including a variable, degree status, in which the following categories exist: no degree, H.S. degree, junior college degree, bachelor degree, graduate degree. Two other variables are being considered; Age and Years With the Company. Given this, the appropriate number of variables in the model will be six.