Question: A variable that takes on the values of 0 or 1 and is used to incorporate the effect of categorical variables in a regression model

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

A.

an interaction
B.

a constant variable
C.

a dummy variable
D.

none of these alternatives is correct

In a regression model, which of the following tests is used in order to determine whether an individual independent variable is significant?

A.

t test
B.

z test
C.

F test
D.

chi-sqauretest

Very Basic Questions. I just cannot remember the answer and need to know for my exam this week. No math needed.

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