_______ variables are used to represent qualitative data in a multiple regression model and can only take on the values 0 and 1.
A)Dummy
B)Regression
C)Independent
D)Dependent

Question

Quizplus · Accepted Answer

Dummy variables are used in regression analysis to represent qualitative data (such as gender, race, presence or absence of a characteristic) by assigning 0 or 1 to capture the effect of categorical predictors in a regression model.

_______ Variables Are Used to Represent Qualitative Data in a Multiple