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Business Statistics, 3rd Edition
book

Business Statistics, 3rd Edition

by Naval Bajpai
April 2024
Intermediate to advanced content levelIntermediate to advanced
921 pages
37h 16m
English
Pearson India
Content preview from Business Statistics, 3rd Edition
Chapter 15
PB
Multiple Regression Analysis
583
want to include one more variable “display arrangement of products” in retail stores as another
variable to predict sales. In most cases, researchers collect demographic information such as
gender, educational background, marital status, religion, etc. In order to include these in the mul-
tiple regression model, a researcher has to use indicator or dummy variable techniques. Inother
words, the use of the dummy variable gives a  rm grounding to researchers for including cate-
gorical variables in the multiple regression model.
Researchers usually assign 0 or 1 to code dummy variables in their study ...
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Publisher Resources

ISBN: 9789390168996