Examlex
Which of the following may NOT be considered a firm's competitive strategy?
Indicator Variable
An indicator variable is a numerical variable used in statistics that adopts a value of 1 if a certain condition is met and 0 if it is not.
Binomial Probability
The probability of obtaining a fixed number of successful outcomes in a fixed number of trials in a binomial experiment.
Odds
The ratio of the probability of an event happening to the probability of it not happening; in gambling, it represents the amount won relative to the stake.
Unfriended
The act of removing someone from one's social networking friends list.
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