STATISTICAL TECHNIQUES AND TOOLS
MULTIPLE REGRESSION
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Data on some variables might contain a classification (e.g., defective or good, graduate or undergraduate, etc.) rather than numerical values. Such variables are referred to as ____
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quantitative variables
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quasi-quantitative
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mixed-variables
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qualitative variables
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Explanation:
Detailed explanation-1: -Dummy variables are commonly used in regression analysis to represent categorical variables that have more than two levels, such as education level or occupation.
Detailed explanation-2: -The answer is a Qualitative Variable.
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