When Respecifying a Categorical Variable with K Categories,only K -

question 88

True/False

When respecifying a categorical variable with K categories,only K - 1 dummy variables are needed because only K - 1 categories are independent.

---

Definitions:

Organizational Priorities

The ranked importance of goals, projects, or tasks within an organization, guiding decision-making and resource allocation.

Recruitment Process

The series of actions, steps, or procedures undertaken by an organization to identify, attract, and select candidates for employment.

Organizational Design

The process of shaping an organization's structure and roles to align with its objectives, strategy, and culture.

External Adaptation

Refers to the way an organization or individual adjusts and responds to changes in the external environment, including market shifts, technological advancements, and socio-political changes.