Examlex
Which of the following is NOT characteristic of both Generation Z and Millennials?
Indicator Variables
These are binary variables in a statistical model that take on values of 0 or 1 to indicate the absence or presence of a specific characteristic or attribute.
Omitted Category
In statistical modeling, it refers to a category or group within a variable that is excluded from analysis, often serving as a baseline against which other categories are compared.
Dummy Variables
Numerical variables used in regression analysis to represent subgroups of the sample in a binary form.
Indicator Variable
A variable used in statistics that takes the value 1 to indicate the presence of a certain condition and 0 to indicate its absence.
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