It is possible to include nominal variables in a regression model. This is accomplished through the use of ____________________ variables, also known as ____________________ variables

Fill in the blank(s) with correct word


indicator; dummy
dummy; indicator

Business

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In the absence of trade, a nation is in equilibrium where a community indifference curve

a. lies above its production possibilities frontier. b. is tangent to its production possibilities frontier. c. intersects its production possibilities frontier. d. lies below its production possibilities frontier.

Business

Doug Roberts is the leader of an industrial sales team. He leaves much of the actual selling to his salespeople. However, each Friday, he takes one of his ten best customers to lunch. He often discusses the local sports teams and what is going on in the area, but he is always sure to talk about the industry and the companies that his customers do business with. Doug Roberts is engaging in ______.

a. social astuteness b. interpersonal influence c. networking d. apparent sincerity

Business

The addition of sugar-free canned fruits to Del Monte's line of canned fruits and vegetables is an example of a discontinuous innovation

Indicate whether the statement is true or false

Business

A company's marketing communications mix—also called its promotion mix—blends five different components. List and define these components

What will be an ideal response?

Business