What Is the Term for the Categorical Variables Used in the Prediction

question 45

Multiple Choice

What is the term for the categorical variables used in the prediction in a regression analysis?

• A)nothing
• B)dummy coding
• C)problem coding
• D)categorical coding

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Definitions:

Class Collaborator

A person from a particular social or economic class who works with members from another class, often in a political or economic context.

Pension Reform

Changes or adjustments made to pension policies to maintain their sustainability, often involving modifications to eligibility, benefits, or funding mechanisms.

Progressive Era

A period of widespread social activism and political reform in the United States from the 1890s to the 1920s, aiming to address issues caused by industrialization.

Elderly Citizens

Individuals of an advanced age, typically defined as senior citizens or those over the age of 65, recognized by society for their experience and wisdom.