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dummy variable

British

noun

a variable appearing in a mathematical expression that can be replaced by any arbitrary variable, not occurring in the expression, without affecting the value of the whole

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

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dummy variable

A more complex interaction between a dummy variable and the dependent variable can also be estimated.

From Textbooks ● Nov. 29, 2017

An example of the use of a dummy variable is the work estimating the impact of gender on salaries.

From Textbooks ● Nov. 29, 2017

Any of the other independent variables could have been chosen to illustrate the effect of the dummy variable.

From Textbooks ● Nov. 29, 2017

This occurs because of the new variable X2 X1, called the interaction variable, was created to allow for an effect on the slope of X1 from changes in X2, the binary dummy variable.

From Textbooks ● Nov. 29, 2017

X2 is the dummy variable and X1 is some continuous random variable.

From Textbooks ● Nov. 29, 2017

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Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023