Select the option that best describes your data.
Complete the following steps if the categorical response data has two categories, such as pass and fail.
The first row in the worksheet shows that the consumer bought the new brand of cereal. This consumer has an income of $37000, shops at store A, has 1 child, and viewed the advertisement for the cereal.
Complete the following steps if the categorical response variable has three or more categories, such as sedan, truck, and SUV.
The first row in the worksheet shows that a low-risk applicant has an income of 2399, has 3 credit cards, and is single.