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A Matrix Representation of the Logic of a Decision,which Specifies

question 119

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A matrix representation of the logic of a decision,which specifies the possible conditions for the decision and the resulting actions,defines a:


Definitions:

Dummy Variables

Binary variables created to represent categorical data in order to use such variables in regression analysis.

Nominal Variable

A type of categorical variable for which there is no inherent order or ranking among the categories.

Indicator Variables

Variables used in regression analysis that take on the value of 0 or 1 to indicate the absence or presence of a categorical effect that may be expected to shift the outcome.

Indicator Variable

A variable used in mathematical modeling and statistical analysis that takes on the value of 0 or 1 to indicate the absence or presence of a certain condition or feature.

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