Asked by Ashlee Germany on Mar 10, 2024

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Qualitative Predictor Variables

Variables that categorize or describe data based on attributes or qualities, such as gender, color, or type, which do not have a numerical value.

Dummy Variables

Numerical variables used in regression analysis to represent subgroups of the sample in a study.

Regression Model

A statistical technique that models and approximates the relationship between a dependent variable and one or more independent variables.

- Understand the role of dummy variables in representing qualitative predictors within regression models.

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Answered By Askgram User

Mar 10, 2024

## Learning Objectives

- Understand the role of dummy variables in representing qualitative predictors within regression models.

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