A binary variable is often called a:O A. residual.OB.power of a test.O C. dummy variable.O D. dependent variable.

We have a binary varaiable which also used in regression analysis.

Answered: A binary variable is often called a: O…

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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A binary variable is often called a: O A. residual. B. power of a test. O C. dummy variable. O D. dependent variable.