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Logistic regression is not sensitive to high correlations among predictor variables.
Conditions of Risk
Circumstances or factors that increase the probability of loss or danger in a given situation or environment.
Nonprogrammed Decisions
Decisions that are made in response to novel, unstructured, and infrequent problems that require a custom-tailored solution.
Situational Decisions
Decisions made based on the specific context or circumstances at hand, where different factors or conditions can lead to different outcomes.
Escalation of Commitment
A behavior pattern in which an individual or group continues to invest in a decision despite evidence of its ineffectiveness or failure.