A Variable That Takes on the Values of 0 or 1

question 49

True/False

A variable that takes on the values of 0 or 1 and is used to incorporate the effect of qualitative variables in a regression model is called a dummy variable.

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Definitions:

HR Mobile Apps

Mobile applications designed to facilitate HR-related tasks, providing employees and managers with on-the-go access to HR services.

Talent Management Applications

Software tools designed to automate the process of recruiting, developing, and retaining personnel within an organization.

Job Histories

Records or accounts of the jobs that a person has held over time, showing career progression and experience.

Service Delivery Application

Software or systems designed to facilitate and improve the delivery of services to customers or end-users.