Three Qualitative Variables Need to Be Incorporated into a Regression

question 49

True/False

Three qualitative variables need to be incorporated into a regression model. The first variable has five possible categories, the second one has three possible categories, and the third one has two possible categories. Based on this information, ten dummy variables need to be included in the regression model.

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Definitions:

Strategic HR Operation

The process of aligning human resource activities and policies with the strategic objectives of an organization to achieve long-term goals.

Automation Capabilities

The extent to which a process, operation, or task can be performed by automated means, typically involving technology or machinery.

Performance Management

The process of ensuring employees' activities and outputs align with the organization's goals, typically involving goal setting, monitoring, review, and feedback mechanisms.

Adopting HR Technology

The process of selecting and integrating new technological tools into human resources practices to enhance efficiency and effectiveness.