If you are modeling shopping decisions at the grocery store, and construct a control variable that is coded as 0 for not a store loyalty program member, 1 for an individual store loyalty program member, and 2 for a family store loyalty program member, it would be appropriate to model this as limited dependent variable because:
A) the outcome variable is ordinal.
B) the outcome variable is cardinal.
C) the range of possible values has consequential constraints.
D) None of the answers is correct.

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The Answer of If you are modeling shopping decisions at the grocery store, and construct a control variable that is coded as 0 for not a store loyalty program member, 1 for an individual store loyalty program member, and 2 for a family store loyalty program member, it would be appropriate to model this as limited dependent variable because:
A) the outcome variable is ordinal.
B) the outcome variable is cardinal.
C) the range of possible values has consequential constraints.
D) None of the answers is correct.

If You Are Modeling Shopping Decisions at the Grocery Store