Which statement is not correct for multiple regression model?

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter4: Equations Of Linear Functions
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Which statement is not correct for multiple regression model?
When we interpret this categorical variable, we would say the change we observe when one switches from
the reference category to the specific category.
The reference category will not be displayed in our model results.
If we include a categorical variable with more than two values (e.g., religion) as an independent variable, we
want to include a dummy variable for all categories except for two.
We can include more than two categorical variables in the model.
The value of the independent variable not included in the model is called "reference category."
Transcribed Image Text:Which statement is not correct for multiple regression model? When we interpret this categorical variable, we would say the change we observe when one switches from the reference category to the specific category. The reference category will not be displayed in our model results. If we include a categorical variable with more than two values (e.g., religion) as an independent variable, we want to include a dummy variable for all categories except for two. We can include more than two categorical variables in the model. The value of the independent variable not included in the model is called "reference category."
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