Which of the Following Would You Use to Apply Multiple

question 129

Multiple Choice

Which of the following would you use to apply multiple regression to situations when independent variables are categorical?

• A)correlated variables
• B)transformed variables
• C)dependent variables
• D)dummy variables

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Definitions:

World Bank

An international financial institution that provides loans and grants to the governments of low and middle-income countries for the purpose of pursuing capital projects.

Economic Growth

An increase in the production of economic goods and services, compared from one period of time to another.

Developing Countries

Nations with lower levels of industrialization, lower standards of living, and lower Human Development Index ratings compared to developed countries.

International Finance Corporation

A member of the World Bank Group, the IFC focuses on the private sector in developing countries, providing investment, advice, and asset management services to encourage economic development.