In a Situation Where the Dependent Variable Can Assume Only

question 54

Multiple Choice

In a situation where the dependent variable can assume only one of the two possible discrete values,

• A) we must use multiple regression.
• B) there can only be two independent variables.
• C) logistic regression should be applied.
• D) all the independent variables must have values of either zero or one.

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Definitions:

Binding Arbitration

A legal procedure where a dispute is resolved by an arbitrator whose decision is final and legally enforceable.

Informal Law

A term that may refer to customary practices or agreements that are recognized and followed by a group of people, even though they are not codified by government legislation.

Disinterested Third Party

An impartial and unbiased individual or entity not involved in the interests or concerns of the principal parties in a transaction or dispute.

ADR

Stands for Alternative Dispute Resolution, which is a range of processes and techniques used to resolve conflicts or disputes without litigating in court.