Examlex
According to research,which type of salespeople set higher sales goals for themselves and were more committed to meeting those?
Indicator Variable
A binary variable with values of 0 or 1, used in statistics and econometrics to represent a categorical outcome or presence/absence of a characteristic.
Categorical
Pertaining to data that can be divided into specific groups or categories that are generally qualitative in nature.
Natural Log
The logarithm to the base e (approx. 2.718), used in mathematics and sciences to model growth processes.
Exponential
Pertaining to mathematical functions or models that exhibit growth or decay at a constant rate, often used in compound interest and population growth models.
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