I a Variable Whose Possible Outcomes Are Coded as a "1

question 123

Multiple Choice

i. A variable whose possible outcomes are coded as a "1" or a "0" is called a dummy variable.
ii. If the null hypothesis β4 = 0 is not rejected, then the independent variable X4 has no effect in
Predicting the dependent variable.
iii. A dummy variable is added to the regression equation to control for error.

• 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) (i), (ii), and (iii) are all false statements.

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Definitions:

Social Control

Mechanisms, strategies, and practices that societies or institutions employ to regulate individual or group behavior, aiming to ensure conformity to established norms and rules.

Corporate Cults

Refers to companies that create an environment with intense organizational identification and loyalty, often to the exclusion of outside influences or perspectives.

Mental Model

An individual's internal representation of the external world, influencing how they interpret and interact with it.

Ritual

Represents a set of actions performed mainly for their symbolic value, prescribed by traditions or by a community.