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Nominal Variables
Factors that denote classifications without any inherent hierarchy or sequence.
Dummy Variables
Binary variables created to represent categorical data in order to use such variables in regression analysis.
Nominal Variable
A type of categorical variable for which there is no inherent order or ranking among the categories.
Indicator Variables
Variables used in regression analysis that take on the value of 0 or 1 to indicate the absence or presence of a categorical effect that may be expected to shift the outcome.
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