A binary variable is often called a?
General Knowledge / Economics MCQs — Multiple-choice practice
بائنری متغیر کو عام طور پر کیا کہا جاتا ہے؟
- A. Power of a test
- B. None of these
- C. Dummy variable
- D. Dependent variable
Correct answer
Dummy variable
Explanation
Explanation A binary variable takes only two values (e.g., 0 or 1). It represents categories like yes/no or true/false . It is widely used in regression and data analysis. It helps to include qualitative factors in models. It is commonly called a dummy variable . Last verified on 22-04-2026
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