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Author Question: One of the variables that are being considered for inclusion in a multiple regression model is ... (Read 106 times)

viki

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on: Jun 24, 2018
One of the variables that are being considered for inclusion in a multiple regression model is marital status of the customer. There are four possible responses listed for this variable.
 
  Based on this, four dummy variables will need to be created and incorporated into the regression model. Indicate whether the statement is true or false

Question 2

It is possible to use linear regression analysis to develop a forecasting model for nonlinear data if we can effectively transform the data.
 
  Indicate whether the statement is true or false


ambernicolefink

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

FALSE

Answer to Question 2

TRUE


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