An Indicator Variable (Also Called a Dummy Variable)is a Variable

question 123

True/False

An indicator variable (also called a dummy variable)is a variable that can assume either one of two values (usually 0 and 1),where one value represents the existence of a certain condition,and the other value indicates that the condition does not hold.

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Definitions:

Demographic Transition Theory

Explains how changes in fertility and mortality affected population growth from preindustrial to postindustrial times.

Industrialization

The process by which an economy is transformed from primarily agricultural to one based on the manufacturing of goods, leading to urbanization and increased technology.

Preindustrial Cities

Urban areas that existed before the widespread use of industrial machinery and the industrial revolution, characterized by simpler economic and social structures.

Urban Population

Refers to the segment of a country's population that resides within towns and cities as opposed to rural areas.