Create Dummy Variable in R (3 Examples) | Generate 0/1 Indicator

Dummy Variable Creation in Excel

SOLVED: Explain the purpose and use of dummy variables in linear regression. How do we interpret the coefficients of these variables? Discuss a scenario where the use of dummy variables would be necessary.

What Is a Control Variable? Definition and Examples

SOLVED: Describe an example of a research question where dummy variablesshould be used. Describe the characteristics of the categoricalvariable and its usage in explaining the variance in the dependentvariable. Then, discuss whether you feel separate subset analysisis also warranted. Explain why (or why not) you feel separatelinear regression analysis should be performed. What is the addedbenefit of the additional analysis.