Can someone provide a simple definition of what a binary explanatory variable is? A description in simple terms would be ideal. How would you recognize one?
Solved – a binary explanatory variable
binary dataterminology
binary dataterminology
Can someone provide a simple definition of what a binary explanatory variable is? A description in simple terms would be ideal. How would you recognize one?
Best Answer
A binary variable can assume only two values. Numerically, it is usually represented as 0 or 1.
According to the Wikipedia article:
Explanatory means that a random variable is being used to explain another variable of interest (the response variable).
The definition of stat.berkeley.edu glossary says:
A common synonym for binary variable is: dummy variable.