TRUE, one of the variables that are being considered for inclusion in a multiple regression model is marital status of the customer. there are four possible responses listed for this variable. based on this, three dummy variables will need to be created and incorporated into the regression model.
Using a line, a regression model statistically predicts the connection between a dependent variable and one or more independent variables (or a plane in the case of two or more independent variables). The connection between one or more independent variables and a response, dependent, or target variable is described by a regression model, which offers a function. A linear regression model, for instance, may be used to explain the link between height and weight. These can be roughly divided into two categories. Regression using a linear model. Rational Regression.
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