Multiple Choice
i. A variable whose possible outcomes are coded as a "1" or a "0" is called a dummy variable.
ii. A dummy variable is added to the regression equation to control for error.
Iii) If the null hypothesis ?4 = 0 is not rejected, then the independent variable X4 has no effect in predicting the dependent variable.
A) (i) , (ii) and (iii) are all correct statements
B) (i) and (ii) are correct statements, but not (iii) .
C) (i) and (iii) are correct statements but not (ii) .
D) (ii) and (iii) are correct statements but not (i) .
E) All statements are false
Correct Answer:

Verified
Correct Answer:
Verified
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