Indicator variables are useful under which of the following conditions: a. Some observations have a particular characteristic or...

80.2K

Verified Solution

Question

Statistics

Indicator variables are useful under which of the followingconditions:

a.

Some observations have a particular characteristic or attributewhile others do not

b.

An individual may not wish to disclose the exact value (forexample, age) and may prefer to express a category in which he/shefalls (for example, age range)

c.

End users may wish to know whether differences exist betweenbinary (for example, employed vs. unemployed) or categorical (firstyear employees, 2-4 year employees, 4-7 year employees, more than 7year employees) groups

d.

B and C only.

e.

All of the above.

Answer & Explanation Solved by verified expert
4.4 Ratings (682 Votes)
Typically pointer variable uses for qualitative information for ex the variable sex work status utilized or non utilized ie the variable is nominal for ex in the event that present in    See Answer
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students