Data that is within an ordinal scale could be rescaled by converting the data to a ratio or interval scale. Facts that's in the nominal or ordinal scale may be scaled by producing new dummy variables.
Regression is usually a statistical technique Employed in the parts of finance, investments, together with other subjects to evaluate the nature and power with the connection involving a dependent variable as well as a list of unbiased variables.
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.There are many other ways that knowledge can be scaled, and the type of details will dictate the type of scaling that is suitable.
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