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Solve using the multiplication principle.
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Dummy Variable
A binary variable used in statistical models to represent the presence or absence of a characteristic or effect.
Significance Level
The probability of rejecting the null hypothesis in a statistical test when it is actually true, serving as a critical value for decision-making in hypothesis testing.
Coefficient
A numerical or constant quantity placed before and multiplying the variable in an algebraic expression (e.g., in math or statistics).
Dummy Variables
Numerical variables used in statistical modeling to represent subgroups of the sample in regression analyses.
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