In general,to represent a nominal variable with m categories,we must create _______________ indicator variables.The last category represented by I1 = I2 = .....Im - 1 = 0 is called the _______________ category.
Correct Answer:
Verified
View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
Q81: Which of the following statements about dummy
Q87: In explaining the income earned by college
Q90: It is possible to include nominal variables
Q94: In explaining starting salaries for graduates of
Q95: In explaining students' test scores,which of the
Q103: In order to represent 3 categories of
Q104: Because indicator variables represent different groups,t-tests on
Q107: An indicator variable is a nominal variable
Q110: An indicator variable can assume either one
Q119: Incomes of Physicians
An economist is
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents