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Essay heading: Hytex
 
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Issue: History
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Date added: February 6, 1998
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No of pages / words: 7 / 1865
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The qualitative variables include age, gender, home ownership, marital status, closeness to stores with similar merchandise and extent of prior spending (which is captured by history). The quantitative variables are number of children, number of catalogs sent to the person this year and the salary of the individual...
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The quantitative variables are number of children, number of catalogs sent to the person this year and the salary of the individual. The qualitative variables are accounted for in the regression model by using ‘k-1’ dummy or indicator variables for each qualitative variable where k is the number of categories present in the respective qualitative variable...
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