In general, the number of dummy variables used to model constant seasonal variation is equal to the number of
A) seasons.
B) seasons minus 1.
C) seasons plus 1.
D) seasons minus 2.
E) seasons divided by two.

Name: In general, the number of dummy variables used to model constant seasonal variation is equal to the number of A) seasons. B) seasons minus 1. C) seasons plus 1. D) seasons minus 2. E) seasons divided by two.
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Question

Quizplus · Accepted Answer

Dummy variables = seasons − 1

In General, the Number of Dummy Variables Used to Model