Only w-1 dummy variables are needed to represent w classes of a categorical predictor.

Master the Casualty Actuarial Society MAS-1 Exam with flashcards and multiple choice questions, hints, and explanations. Get prepared for your exam!

Multiple Choice

Only w-1 dummy variables are needed to represent w classes of a categorical predictor.

Subscribe

Get the latest from Passetra

You can unsubscribe at any time. Read our privacy policy