When respecifying a categorical variable with K categories, only K - 1 dummy variables are needed because only K - 1 categories are independent

Indicate whether the statement is true or false

TRUE

Business

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Which of the following will most likely give an organization a sense of identity?

A) short-term perspectives B) purpose and values C) profit maximization D) customer retention

Business

There is a close relationship between increased sales volume and spending more time in face-to-face selling situations

Indicate whether the statement is true or false

Business