Since Regression Analysis Involves Numerical Data,it Is Not Possible to Use

question 7

True/False

Since regression analysis involves numerical data,it is not possible to use categorical data to build a regression model.

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Definitions:

Gerontocracy

A form of social structure or government in which the ruling authority is vested in the elderly or the oldest members of the society.

Seniority Model

A system within organizations where decisions regarding promotions, layoffs, and other employment-related matters are made based on an employee's length of service.

Elder Reign

A period or system where the elderly hold significant power, influence, or respect within a community or society.

Centenarians

Individuals who have reached the age of 100 years or older.