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If a Qualitative Variable Has 4 Categories, How Many Dummy

question 17

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If a qualitative variable has 4 categories, how many dummy variables must be created and used in the regression analysis?


Definitions:

Established Issuers

Companies or entities that have a solid track record of financial stability and success, often with a long history of issuing debt or equity.

Updated Information

The latest data or facts that have been modified or brought up to date, often influencing decisions or analyses.

Company Activities

These are actions undertaken by a business to achieve its objectives, including operations, investments, and financing decisions.

Electronic Communications Networks

Digital systems that match buyers and sellers for trading securities, bypassing traditional stock exchanges.

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