In multiple regression analysis, a dummy variable is ____________.
A) An additional quantitative variable
B) A nominal variable with three or more values
C) A nominal variable with only two values
D) A new regression coefficient

Question

Quizplus · Accepted Answer

In multiple regression analysis, a dummy variable is a nominal variable with only two values (usually coded as 0 or 1). It is used to represent a categorical predictor variable that cannot be appropriately modeled as a continuous variable.

In Multiple Regression Analysis, a Dummy Variable Is ____________