When the Dependent Variable Is Binary (0 or 1), We

question 19

Multiple Choice

When the dependent variable is binary (0 or 1) , we need:

• A)stepwise regression.
• B)data transformation to improve conditioning.
• C)logistic regression.
• D)best subsets regression.

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Definitions:

Consideration

The value (such as money, services, or goods) promised in a contract that motivates parties to enter into the agreement.

Ethical

Related to moral principles or the branch of knowledge dealing with these.

Liquidated Debt

A debt where the amount owed is known and determined, not subject to future conditions.

Unliquidated Debt

A debt that has not been determined or calculated because the exact amount owed may not be known.