What is Dummy Variable for Regression in Excel

Опубликовано: 17 Октябрь 2024
на канале: AgriMetSoft Team

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What is Dummy Variable for Regression in Excel
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Have you ever wanted to consider nominal or ordinal variables in your regression model? Here’s how! This is so easy. All you need is an excel worksheet and two or more categories of data. I’ve clearly explained the dummy variables in excel in this video and I have solved a simple example, too. If you want to inform more than two categories of data to your regression model, check my next video on how to create a dummy variable in excel.
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