The Number of Dummy Variables Representing a Qualitative Variable Should

question 64

True/False

The number of dummy variables representing a qualitative variable should be one less than the number of categories of the variable.

Understand the physical demands and precautions associated with IT work.

Recognize the importance of power supply in computers.

Identify the functions and importance of a motherboard.

Analyze and describe the purpose of specific computer adapters.

---

Definitions:

Commercial Paper

An unsecured, short-term debt instrument issued by corporations to finance their immediate operational needs, characterized by its low-risk and short maturity period.

Tax-exempt

Refers to income, transactions, or entities that are not subject to tax by government authorities.

Weighted Average

A mean calculated by giving values in a data set more influence according to some attribute of the data, such as frequency or importance.

Daily Receipts

The total amount of cash collected by a business within a single day.