Which of the following statements about dummy variablesis false?
A) We can incorporate any nominal variable into regression analysis by creating one or more dummy variables.
B) Dummy variables are also known as binary variables,nominal variables,or indicator variables.
C) These variables take on only two values,namely 0 or 1,and those values then indicate the absence or presence of a particular nominal characteristic.
D) All of these choices are true.
Correct Answer:
Verified
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