Dummy Variables in Regression Analysis
A Beginner’s Guide
What you’ll learn
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Describe qualitative information appropriately through dummy variables
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Incorporating dummy variables into multiple regression models
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Key considerations when using dummy variables
Requirements
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A little familiarity with linear multiple regression concepts (e.g. R-Square, coefficients, p-value)
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Ability to perform a regression in some software package (e.g. SPSS or Microsoft Excel)
Who this course is for:
- Learners with very basic knowledge on Regression Analysis
- Business students enrolled in introductory econometrics and statistics courses
