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A Business Analyst Wanted to Predict the Success of a Government

question 7

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A business analyst wanted to predict the success of a government intervention in failing firms,predicted by a categorical variable,'duration of financial difficulty prior to the intervention'.The predictor variable had four categories: less than 6 months,6-12 months,1-2 years,more than 2 years.They needed to code these variables into dummy variables for the regression using less than 6 months as their control category.Which of the following represents the correct coding scheme?

Understand the historical changes in the DSM, including the removal of certain conditions and the reasons behind these changes.
Recognize the potential for diagnostic criteria to contribute to assumptions and biases about individuals.
Identify challenges and suggest solutions for refining the DSM system to reduce biases and inaccuracies.
Understand the role and development of the Research Domain Criteria by the National Institute of Mental Health.

Definitions:

Customer Segments

The process of dividing a market of potential customers into groups, or segments, based on different characteristics such as demographics or behavior.

SAM

An acronym for Serviceable Available Market; the segment of the total available market that can actually be reached or served.

TAM

Total Addressable Market, an estimate of the revenue opportunity available or market demand for a product or service.

Early Majority

A segment of adopters in the diffusion of innovations theory that represents those who adopt a new technology or idea after a tentative initial period.

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