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A Business Analyst Wanted to Predict the Success of a Government

question 7

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A business analyst wanted to predict the success of a government intervention in failing firms, predicted by a categorical variable, 'duration of financial difficulty prior to the intervention'. The predictor variable had four categories: less than 6 months, 6-12 months, 1-2 years, more than 2 years. They needed to code these variables into dummy variables for the regression using less than 6 months as their control category. Which of the following represents the correct coding scheme?


Definitions:

Human Rights Policies

Guidelines and strategies adopted by organizations to uphold and protect human rights within their operations and supply chains.

Environmental Performance Measures

Indicators used to assess the impact of an organization's activities on the natural environment.

ISO14031

A standard providing guidance on performance evaluation for environmental management within an organization.

Environmental Management Accounting

A form of accounting that captures environmental costs and integrates them into business decision-making processes to enhance environmental and economic performance.

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