18.1.21 Quetion Hep the m eey wwun Mint he end of 20 2to tost tof20 et ste hterr

Question

18.1.21 Quetion Hep the m eey wwun Mint he end of 20 2to tost tof20 et ste hterre a latorship bet e th?? ~ofam rretul dain and Po stato ofthe o onomy in gm eran s wn below are a mousson table pre km consumer price index (CP), and a scatterplot of the relationship Complete parts a through e below Dependent variable is Revenue e Click the icon to view he scatterpiot Variable Coff SE Coeff)t-ratio 070943 .0342 2.07 ) The poirts plotted with are the four December values. We can construct a variable that is 1for those four values and "0" otherise What is such aaablec O Calegorical variable O Predictor variable O Indicator variable O Inversion variable

Explanation / Answer

Such a variable is called an indicator variable.

(Variables which can assume only 1 or 0 are called binary or indicator variables.)

Related Questions

Navigate

• Browse (All)
• Browse 1
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.