Answer
indicator, dummy
Work Step by Step
An indicator or dummy variable is a qualitative explanatory variable in a multiple regression model that takes on the value 0 or 1.
You need to log in to continue
You can help us out by revising, improving and updating this answer.
Update this answerAfter you claim an answer you’ll have 24 hours to send in a draft. An editor will review the submission and either publish your submission or provide feedback.