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Binary variables are variables whose only possible values are 0 or 1. True or False True False

Binary variables are variables whose only possible values are 0 or 1. True or False True False

Practical Management Science
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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### Understanding Binary Variables **Definition:** Binary variables are variables whose only possible values are 0 or 1. #### Quick Check: True or False **Question:** - Binary variables can only take values of 0 or 1. **Options:** - True - False This interactive segment allows learners to test their understanding immediately after reviewing the concept.
Transcribed Image Text:### Understanding Binary Variables **Definition:** Binary variables are variables whose only possible values are 0 or 1. #### Quick Check: True or False **Question:** - Binary variables can only take values of 0 or 1. **Options:** - True - False This interactive segment allows learners to test their understanding immediately after reviewing the concept.
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