If a nominal independent variable has 4 possible categories, the number of dummy variables needed to uniquely represent these categories is:
a. 5.
b. 4.
c. 3.
d. 2.
C
Business
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Implementing a practice that is completely new to an entire industry, not just to one organization, is called ______ change.
Fill in the blank(s) with the appropriate word(s).
Business
Which of the following creates an agency relationship?
a. Subornation. b. Ratification. c. Voluntary action of the broker. d. Interlineation.
Business