On a survey there is a question that asks whether someone lives in a house, apartment, or condominium. These three responses could be coded in a dummy variable using value 0, 1, and 2.
Indicate whether the statement is true or false
Question 2
Given a sample of data for use in simple linear regression, the values for the slope and the intercept are chosen to minimize the sum of squared errors.
Indicate whether the statement is true or false