The Method Used in Regression Analysis for Incorporating a Categorical

question 5

True/False

The method used in regression analysis for incorporating a categorical variable into the model is by organizing the categorical variable into one or more dummy variables.

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Definitions:

Brand Loyalty

The tendency of consumers to continuously purchase one brand's products over competing ones, often influenced by positive experiences and perceptions.

Perfume

A fragrant liquid typically made from essential oils or aroma compounds, used to give a pleasant scent to a person's body.

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Suggests or advises as a choice for someone to consider or undertake.