Examlex
How can a service retailer best cope with the some of the problems associated with the intangibility of service?
Variable
An element, feature, or factor that is liable to vary or change.
Continuous Variable
A type of variable that can take an infinite number of values within a given range.
Categorical Variable
A variable that can take on a limited, and usually fixed, number of possible values, grouping individuals into categories.
Random Group Assignment
A method in experimental design to ensure every participant has an equal chance of being assigned to any group, thus minimizing preexisting differences between those assigned to different groups.
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