dummy variable


Also found in: Encyclopedia, Wikipedia.

dummy variable

n
(Mathematics) 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
Mentioned in ?
References in periodicals archive ?
partial]: dummy variable that takes the value 1 for the observations related to 2008 and 2009, and 0 for the other observations; [IFRS.
In the regression analysis, the dependent variable is the CARs, and the independent variables are relative size, payment method, geographic dummy variable and dummy variable for each year.
The dependent variable TL refers to tough love behavior and it is specified as a dummy variable which is explained in the next section.
A Probit model is used because the restatement dependent variable is a dummy variable (binary) (Imai et al.
D4 = Dummy variable for Infrastructure (proper cut flower markets, electricity and flower display centers etc.
where the dependent variable PRICE represents the deflated sale price of a unit; [alpha] is a constant; FLOOR represents floor level; GFA represents the gross floor area of a unit; AGE represents the actual age of the building; D1, D2, and D3 represent east-, south-, and west-facing aspects, respectively; TIME is a dummy variable delineating whether a transaction took place before or after the date of government resumption notice; ASSEMBLY is a dummy variable showing whether a flat is affected by land assembly efforts of the developers or their agents, as motivated under the Compulsory Sale for Redevelopment Ordinance; (40) DIVIDED is a dummy variable indicating whether a flat is divided into more than one subunit; e is the error term.
First, we construct a dummy variable that is equal to one if the newly appointed director has any type of work experience in the FF12 industry of the appointing company [Industry exp.
This study applies endogenous dummy variable model to evaluate the impact of households' participation in tourism related work on their earnings.
For McCarthy's comments, we used a dummy variable for the first day of trading after his TV appearance.
Throw to first is a dummy variable equal to one if the pitcher throws to first base and zero if he throws to home.
j] is the dummy variable which represents one of estimated periods of the global financial crisis year, where j refers to the crisis period.
Dummy variable approach is utilized in this study to uncover the day of the week effect in trading days during the sub-samples.