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Colt1911 [192]
2 years ago
5

Dummy or indicator variables typically are values of zero or one and are used to model the effects of different levels of ______

_____ variables.
Business
1 answer:
11Alexandr11 [23.1K]2 years ago
6 0

Dummy or indicator variables typically are values of zero or one and are used to model the effects of different levels of qualitative variables. A qualitative variable, also referred to as a category variable, is a non-numerical variable. It describes information that can be categorized.

Examples include: Eye color (variables include: blue, green, brown, hazel). Qualitative variables, also referred to as category variables, are variables without a built-in notion of hierarchy. As a result, they are quantified using a numerical scale. A qualitative variable is, for example, hair color (Black, Brown, Gray, Red, Yellow). Numerical variables are the subject of quantitative data.

To learn more about qualitative variables, click here.

brainly.com/question/1978633

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7 0
4 years ago
In a(n) ________ channel, the same member both produces and distributes a product or service to consumers.
kompoz [17]

In a direct channel, the same member both produces and distributes a product or service to consumers.

<h3>What are Distribution Channels ?</h3>

Distribution channel (or supply chain) set of institutions that transfer the ownership of and move goods from the point of production to the point of consumption - consists of all the institutions and marketing activities in the marketing process.

There are two types of distribution:

Direct-occurs when the suppliers and the tourist deal directly with each other. A direct channel allows the consumer to make purchases from the manufacturer

Indirect- occurs when part or all of the functions are handled by an intermediary. A indirect channel allows the consumer to buy the goods from a wholesaler or retailer.

Therefore, we can conclude that the correct option is B.

Your question is incomplete, but most probably your full question was:

In a(n) ________ channel, the same member both produces and distributes a product or service to consumers.

a. tiered

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d. vertical

e. exclusive

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7 0
2 years ago
In addition to the positive welfare effects that free trade has on an economy, there are a variety of other benefits of internat
otez555 [7]

Increased competition.

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<u>Explanation:</u>

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In this particular case, since Rooby is no longer the only producer of this particular because of the free trade in the market, he can not charge too high for a particular good and it increases the competition between the producers.

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