The dummy variable trap occurs when
The Dummy Variable trap is a scenario in which the independent variables are multicollinear - a scenario in which two or more variables are highly correlated; in simple terms one variable can be predicted from the others
Below are given statements followed by some conclusions. You have to 6 take the given statements to be true even if they seem to be at variance with the...
Read the given statements and conclusions carefully. Assuming that the information given in the statements is true, even if it appears to be at varianc...
Three statements are given, followed by three conclusions numbered I, II and III. Assuming the statements to be true, even if they seem to be at varian...
Statements:
Only a few kites are sticks.
Only a few kites are string.
Conclusions:
1) Some strings being sticks is a possibi...
Three statements are given followed by three conclusions numbered I, II and III. Assuming the statements to be true, even if they seem to be at varianc...
1. Banana price is more than that of lychee.
2. Banana price is less than that of kiwi.
3. Kiwi Price is more than that of banana and lych...
Statements:
Some cats are animals.
All animals are plants.
Conclusions:
I. All cats are plants.
II. Some plants are c...
those statements. Taking the given statements to be true even if they seem to be at variance from commonly known facts. Read all the conclusions and th...
Based on the scenario given, choose the decision from the options which would be most suitable.
Research shows that playing outdoors improves the...
In the question, assuming the given statements to be true, find which of the conclusion (s) among given two conclusions is /are definitely true, and th...
