A dummy variable is a dependent variable whose value is set at either zero or one.

Name: A dummy variable is a dependent variable whose value is set at either zero or one.
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A dummy variable, also known as an indicator variable, is an independent variable used in regression analyses to represent categories or groups with values of zero or one to indicate the absence or presence of some categorical effect that may be expected to shift the outcome.

A Dummy Variable Is a Dependent Variable Whose Value Is