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We Can Incorporate Any Nominal Variable into Regression Analysis by Creating

question 145

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We can incorporate any nominal variable into regression analysis by creating one or more dummy variables,also known as:


Definitions:

Nominal Data

Data classified into categories that cannot be ordered or ranked, used for labeling variables without a quantitative value.

Frequency

The number of times an event or value occurs in a dataset, often represented in a frequency distribution table or histogram.

Proportion

A mathematical ratio indicating the relationship in quantity, amount, or size between parts of a whole.

Nominal

Pertaining to data that can be categorized but not ranked or ordered; involves naming or labeling attributes.

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