Examlex
According to the text, researchers should try not to use data that are nested because they are too difficult to analyze statistically.
Reduced Cost
In linear programming, the amount by which the objective function coefficient of a variable must decrease before that variable's value increases in the optimal solution.
Bounded Variable
A variable that has upper and lower limits.
Shadow Price
A monetary value assigned to currently unpriced goods or services, reflecting their worth in terms of opportunity cost or their valuation in a constrained optimization problem.
Reduced Cost
In optimization, it's the difference between the cost of a non-basic variable and its contribution to the objective function, used in linear programming.
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