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During the personal selling process, a salesperson, if possible, should handle objections when
Logistic Regression
A statistical method used for predicting binary outcomes based on one or more independent variables.
Indicator Variables
Variables used in statistical models to represent subgroups with values typically set to 0 or 1, indicating the absence or presence of a characteristic.
Nominal Variable
A type of variable that represents categories with no intrinsic ranking or order.
Stepwise Regression
A method of regression analysis in which variables are added or removed from a multivariable model in a step-by-step fashion based on statistical criteria.
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