What is the meaning of dunmmy as used in train.csv. For example, column heading 'Own farm primary income (dummy)'
Hi Simicode. Column headings that end in (dummy) are yes/no columns that have been coded as 1/0 (1 for yes, 0 for no). Hope that helps.
The variable is equal to 1 if the household's primary source of income is their own farm, and 0 otherwise. "Dummy" is a term mostly used in econometrics to mean a binary variable to numerically represent the truth of a logical statement (1=TRUE, 0=FALSE), sometimes also referred to as an "indicator variable". Hope that helps!