1. Suggest a group of six variables as follows: a) Three must be ratio variables b) Two must be nominal variables at least one with more than two categories c) One must be ordinal with more than two...


1. Suggest a group of six variables as follows:<br>a) Three must be ratio variables<br>b) Two must be nominal variables at least one with more than two categories<br>c) One must be ordinal with more than two categories.<br>d) Among the three ratio variables in a) one must be a dependent variable and the remaining two<br>independent (explanatory) variables<br>e) The two nominal variables in b) must also be transformed into dummy independent (explanatory)<br>variables. There would be a total of at least five explanatory variables together explaining the<br>dependent variable in a)<br>

Extracted text: 1. Suggest a group of six variables as follows: a) Three must be ratio variables b) Two must be nominal variables at least one with more than two categories c) One must be ordinal with more than two categories. d) Among the three ratio variables in a) one must be a dependent variable and the remaining two independent (explanatory) variables e) The two nominal variables in b) must also be transformed into dummy independent (explanatory) variables. There would be a total of at least five explanatory variables together explaining the dependent variable in a)

Jun 11, 2022
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