Qualitative (or categorical) variables can be incorporated into regression models by converting it to a ________
a. dummy variable
b. randomized block model
c. model with interaction
d. block
a
You might also like to view...
What are Kearns’s three approaches for formulating organizational strategy?
A. mission, vision, and values B. programs, means, and ends C. goals, objectives, and strategy D. analytical, incremental, and visioning
For which of the following businesses would a process cost system be appropriate?
A) An oil refinery B) Yacht builder C) Specialty furniture company D) Custom electronics manufacturer
Under the direct method, which of the following would not be included in the operating section of the cash flow statement?
A. Cash receipts from customers B. Cash payments to purchase insurance C. Cash payments to purchase long-term equipment D. Cash payments for income taxes
If the buyer is willing to accept nonconforming goods:
a. the goods must only be paid for if the nonconformance does not interfere with function b. the goods need not be paid for c. the goods must be paid for d. buyers may never accept nonconforming goods e. the contract must be rewritten