In Multiple Regression Analysis,a Dummy Variable Is ________

question 30

Multiple Choice

In multiple regression analysis,a dummy variable is ________.

• A)an additional quantitative variable
• B)a nominal variable with three or more values
• C)a nominal variable with only two values
• D)a new regression coefficient

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Definitions:

Comparative Balance Sheet

A financial statement that presents the assets, liabilities, and equity of an entity at two or more points in time for comparison purposes.

Cash Dividends

A distribution of a portion of a company's earnings, decided by the board of directors, paid to shareholders in cash.

Operating Activities

Activities that are directly related to the day-to-day operations of a business, generating revenue and expenses.

Comparative Balance Sheet

A financial statement presenting a company's assets, liabilities, and equity at two or more points in time for comparative purposes.