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Successful entrepreneurs accept the risk of failure.
Categorical Variable
A variable with categorical data.
Dummy Variables
Variables used in regression analysis to represent categorical data by converting it into a series of binary values.
Levels
The different values or categories that a factor can have in an experiment or statistical model.
Multiple Coefficient
A term that does not have a standard definition in statistics or mathematics and may be confused with terms like "multiple correlation coefficient" or "multiple coefficients in regression analysis". NO.
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