Asked by Nieajua Gonzalez on May 08, 2024
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In general,to represent a nominal variable with m categories,we must create _______________ indicator variables.The last category represented by I1 = I2 = .....Im−1 = 0 is called the _______________ category.
Indicator Variables
These are binary variables in a statistical model that take on values of 0 or 1 to indicate the absence or presence of a specific characteristic or attribute.
- Attain knowledge on the methodology for embedding nominal or categorical variables into regression models through dummy variables.
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AS
Learning Objectives
- Attain knowledge on the methodology for embedding nominal or categorical variables into regression models through dummy variables.
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