A ___________ variable is a hypothetical index that has just two values: 0 for the presence (or absence) of a factor and 1 for its absence (or presence).
A) Control
B) Third
C) Quantitative
D) Dummy

Question

Quizplus · Accepted Answer

A dummy variable is used in statistical modeling to represent categorical data with two possible values, typically 0 and 1, indicating the absence or presence of a factor.

A ___________ Variable Is a Hypothetical Index That Has Just