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A formalization of relationships between stochastically (randomly) related variables in the form of mathematical equations. DO NOT USE THIS TAG BY ITSELF: always include a more specific one.

5 votes

Including indicator variables in linear regression

Using both continuous and categorical/indicator variables in a linear regression model is perfectly fine. … If your model includes a categorical variable coded from a continuous variable, as well as this continuous variable, there will be high multicollinearity (predictor variables in your model will be strongly …
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