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Author Question: If a decision maker wishes to develop a regression model in which the University Class Standing is a ... (Read 174 times)

tiffannnnyyyyyy

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on: Jun 24, 2018
If a decision maker wishes to develop a regression model in which the University Class Standing is a categorical variable with 5 possible levels of response, then he will need to include how many dummy variables?
 
  A) 5
  B) 4
  C) 1
  D) 3

Question 2

A process control chart can be used to determine whether the process average has shifted up or down, but is not useful for determining whether the process is just drifting in an upward or downward direction.
 
  Indicate whether the statement is true or false


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cam1229

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Reply #1 on: Jun 24, 2018
Answer to Question 1

B

Answer to Question 2

TRUE


tiffannnnyyyyyy

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Reply #2 on: Jun 24, 2018
Correct answers!


cam1229

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Reply #3 on: Jun 24, 2018
Great! Please up vote :D


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