Dominique,an Executive Chef in a Large Hotel,recently Attended a Training

question 3

Multiple Choice

Dominique,an executive chef in a large hotel,recently attended a training conference sponsored by several top professionals in his field,where he learned numerous ways his restaurant and hotel can better serve customers.Dominique is excited that management asked him to present this information to the hotel staff so the restaurant and hotel can make needed improvements.Dominique's hotel is a(n) _____ organization.

• A)focused
• B)learning
• C)evolving
• D)customer-focused
• E)360-degree

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Definitions:

Indicator Variables

Variables created to represent categorical data in numerical form, often used in statistical models to include qualitative data.

Regression Model

A statistical model that estimates relationships among variables, typically one dependent variable and one or more independent variables, to predict or explain outcomes.

Dummy Variable

A binary variable used in regression models to represent categorical data by encoding categories as 0 or 1.

Indicator Variable

A variable that takes the value of 1 if a certain condition is true and 0 if it is not.