Hope Hernandez Is the New Regional Vice President for a Large

question 49

Multiple Choice

Hope Hernandez is the new regional Vice President for a large gasoline station chain.She wants a regression model to predict sales in the convenience stores.Her data set includes two qualitative variables: the gasoline station location (inner city, freeway, and suburbs) , and curb appeal of the convenience store (low, medium, and high) .The number of dummy variables needed for Hope's regression model is ______.

• A)2
• B)4
• C)6
• D)8
• E)9

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Definitions:

Bilingual Advantage

The cognitive, social, and psychological benefits gained from being fluent in two languages.

Inhibit Language

The suppression or reduction of language, often referring to an individual's reduced capacity or unwillingness to communicate verbally.

Geometric Mean

A measure of location that is calculated by finding the nth root of the product of n values.

Growth Factors

Elements or conditions that stimulate development or expansion, particularly in economic or biological contexts.