For each qualitative variable, the number of dummy variables must equal ________ the number of categories of the qualitative variable

Fill in the blanks with correct word

one less than

Business

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In an affluent society, how do we produce a wide number of options for products at low cost? Hint: Focus on how to address some of the major challenges of mass customization

What will be an ideal response?

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MRO refers to indirect materials used in activities that support production

Indicate whether the statement is true or false

Business