In order to use a nominal variable that has four attributes as an independent variable in multiple regression, you should
A) convert it into a series of dummy variables
B) create a multicollinearity trap
C) run a scatterplot to be sure it has a linear effect
D) transform it into a standardized variable
Correct Answer:
Verified
Q5: If multicollinearity is present, one solution is
Q6: If you want to see which factor
Q7: The regression coefficients for two independent variables
Q8: If the variables in this matrix were
Q9: In multiple regression, the slopes are
A) coefficients
Q11: Which of the following statements is correct?
A)
Q12: Which of the following statements is correct?
A)
Q13: Dummy variables are a way to include
Q14: The regression equation is POVERTY = 10
Q15: Multicollinearity is when there _ among the
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