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2013 Jan 30
1
Creating dummy variables in r
Hello,
Semi-new r user here and still learning the ropes. I am creating dummy
variables for a dataset on stock prices in r. One dummy variable is
called prev1 and is:
prev1 <- ifelse(ret1 >= .5, 1, 0)
where ret1 is the previous day's return.
The variable "prev1" is created fine and works in my regression model
and for running conditional statistics. However, when I call the