dummy variable


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dummy variable

[¦dəm·ē ′ver·ē·ə·bəl]
(mathematics)
A variable which has no true mathematical significance and is used only to facilitate notation; usually a variable which is integrated over.
References in periodicals archive ?
Finally, we include a dummy variable, Distance, that is equal to one if the geographical distance between the firm and the academic director's university is less than 100 miles, and zero otherwise.
The negative coefficient on the dummy variable for the day after Cantor's defeat indicates that Boeing had an abnormal loss of nearly 2 percentage points following Brat's election.
We address this issue by multiplying a player's draft position by a dummy variable for each year of experience.
The CRISIS dummy variable provides an alternative way to characterize currency crashes and enables us to further check the robustness of our results.
TABLE 1 Definitions of Variables Variables Definition Dependent variables claim A dummy variable that equals 1 when the insured has filed at least one claim in the current month; otherwise it equals 0 claim amount The total claim amount (in thousands of U.
We attempt to identify that effect while controlling for a set of bond characteristics, BOND, which includes a dummy variable for the rating of the bond (AAA, AA, A .
28) The variable for the total number of investment options (funds) in the plan and the age-based investment option dummy variable control for the complexity of the plans that might influence costs and thus plan fees ([m.
For Model 2, a dummy variable for the start of table games replaced the dummy variable for the opening of these three casinos.
These estimations include an interaction term between the Bolt dummy variable and the personal best time of the runner.
Model 2 regresses the individual's wine rating on all of the same variables as Model 1, but also includes a dummy variable for an individual who has formal training in wine.
In both general specifications, high school GPA is the most important predictor of honors program completion rates while the business college dummy variable (BUS) is significant at the 0.
i] is a dummy variable that is equal to 1 if firms are limited liability firms and 0 otherwise and Interactioni is the interaction term of DIV, and L[L.