In explaining the amount of money spent on children's shoes each month,which of the following independent variables is best represented with an indicator variable?
A) Gender
B) Height
C) Age
D) Weight
Correct Answer:
Verified
Q87: In explaining the income earned by college
Q88: A dummy variable is used as an
Q89: Dummy variables are variables that can take
Q90: It is possible to include nominal variables
Q91: In order to represent a nominal variable
Q93: Color of truck is a(n)_ variable.
Q94: In explaining starting salaries for graduates of
Q95: In explaining students' test scores,which of the
Q96: Suppose that we want to model the
Q173: When a dummy variable is included in
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