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In Linear Regression, a Dummy Variable Is Used

question 17

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In linear regression, a dummy variable is used:


Definitions:

Consumer Financial Protection Bureau

A regulatory agency charged with overseeing financial products and services offered to consumers.

Full Warranty

A guarantee without limitations covering a product's repair or replacement.

Consumer Product

A consumer product is a good or service that is intended for use by end consumers for personal, family, or household purposes.

Manufacturer

A person or company that makes goods for sale, especially in large quantities and as a commercial operation.

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