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Primary Data Can Be Collected in Several Ways

question 47

Multiple Choice

Primary data can be collected in several ways.Which of the following primary data collection methods would be exemplified by constructing see-through mirrors in a retail store whereby consumers' actions could be recorded


Definitions:

Sample Proportion

The fraction or percentage of the sample that displays a certain trait or characteristic, used as an estimate of the proportion in the entire population.

Logistic Regression

A statistical model that estimates the probability of a binary outcome based on one or more predictor variables, using a logistic function.

Indicator Variable

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

Natural Logarithm

The logarithm to the base e (where e is approximately equal to 2.718281828), often used in mathematics and engineering.

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