Dummy Variables Take on the Values of ________ and Are

question 18

Multiple Choice

Dummy variables take on the values of ________ and are used to model the effects of different levels of qualitative variables.

• A) 1 or −1
• B) 1 or 2
• C) 0 or 2
• D) 0 or 1

---

Definitions:

Management Development

A systematic process that improves the overall capability of managers through training and development to enhance their performance and prepare them for future roles.

Observers

Individuals or entities that watch or monitor events, behaviors, or phenomena without directly influencing the outcomes.

Training Design

The process of structuring and organizing a program or course to effectively impart knowledge or skills.

Learning Objectives

Specific goals that outline what learners should know, understand, or be able to do by the end of an educational activity.