In Preparing Categorical Variables for Analysis, It Is Usually Best

question 26

Multiple Choice

In preparing categorical variables for analysis, it is usually best to

• A)convert the categories to numeric representations.
• B)convert the categories to binary, dummy variables.
• C)combine as many categories as possible.
• D)let them remain categorical.

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Definitions:

Self-management

This concept involves individuals taking responsibility for their own behavior and well-being, including setting goals and managing time and emotions.

Productivity

The metric for assessing how effectively a person, machine, or system transforms inputs into valuable outputs.

Competitive Advantage

A situation or factor that gives a business a competitive edge or advantageous standing in its industry.

Lost Productivity

The reduction in work output or efficiency, often due to various hindrances or inefficiencies.