A dummy variable is used to incorporate qualitative data into the analysis.

Name: A dummy variable is used to incorporate qualitative data into the analysis.
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A dummy variable, also known as an indicator variable, is a binary variable that takes the value 0 or 1 to represent the absence or presence of a particular characteristic. It is commonly used to incorporate categorical data into regression models or other statistical analyses.

A Dummy Variable Is Used to Incorporate Qualitative Data into the Analysis