The Costs of Complying with Privacy Legislation Are Best Represented

question 111

Multiple Choice

The costs of complying with privacy legislation are best represented by which type of information costs?

• A)processing  
• B)retrieval  
• C)storage  
• D)communication

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Definitions:

Indicator Variables

Indicator variables, also known as dummy variables, are used in statistical models to represent categorical data by assigning a binary value (usually 0 or 1) to each category.

Indicator Variables

Variables in statistical modeling, often binary, used to represent the presence or absence of a characteristic.

Dependent Variables

Dependent variables are the outcomes or responses that researchers are trying to explain or predict, which change based on other variables.

Indicator Variable

A dummy variable that assigns a value of 0 or 1 to categorical data for use in regression analysis.