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    Statistics
  3. Study Set
    Statistics for Management and Economics
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    Exam 18: Model Building
  5. Question
    An Indicator Variable Can Assume Either One of Only Two
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An Indicator Variable Can Assume Either One of Only Two

Question 115

Question 115

Short Answer

An indicator variable can assume either one of only two values (usually 0 and 1),where _______________ represents the existence of a certain condition and _______________ indicates that the condition does not hold.

Correct Answer:

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