An electronics company is looking to develop a regression model to predict the number of units sold for a special running watch.Data is provided below:
(a)Define the dummy variable(s)for the regression model.
(b)What is the correlation between the Holiday categorical variable and sales?

Question

An electronics company is looking to develop a regression model to predict the number of units sold for a special running watch.Data is provided below:
  (a)Define the dummy variable(s)for the regression model.
(b)What is the correlation between the Holiday categorical variable and sales?

Quizplus · Accepted Answer

The Answer of An electronics company is looking to develop a regression model to predict the number of units sold for a special running watch.Data is provided below:
  (a)Define the dummy variable(s)for the regression model.
(b)What is the correlation between the Holiday categorical variable and sales?

An Electronics Company Is Looking to Develop a Regression Model