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Question 3 (CHOICE ANSWER) Which of the following is true of dummy variables? A. A dummy variable always takes a value less than 1. B.

Question 3 (CHOICE ANSWER)

Which of the following is true of dummy variables?

A. A dummy variable always takes a value less than 1.

B. A dummy variable always takes a value higher than 1.

C. A dummy variable takes a value of 0 or 1.

D. A dummy variable takes a value of 1 or 10.

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