A Variable Used to Model the Effect of Categorical Independent

question 36

Multiple Choice

A variable used to model the effect of categorical independent variables in a regression model which generally takes only the value zero or one is called

• A)a residual.
• B)the coefficient of determination.
• C)a dummy variable.
• D)interaction.

---

Definitions:

Bilateral

Relating to or involving two sides, parties, or countries, often used to describe agreements or communications.

Unilateral

Involving only one side or party, often referring to agreements or actions taken independently by one entity without the need for consent or participation of another.

Contract Law

A branch of legal studies focusing on the creation, interpretation, and enforcement of agreements between parties with mutual obligations.

Intellectual Property

Legal rights that result from intellectual activity in the industrial, scientific, literary, or artistic fields.