Examlex
What concept refers to all factors outside an organization that affect the organization's operation?
Indicator Variables
Indicator Variables, also known as dummy variables, are numeric variables used in statistical models to represent categorical data with two or more categories.
Regression Model
A statistical technique used to analyze and model the relationship between a dependent variable and one or more independent variables.
Logistic Regression
A statistical method used for predicting binary outcomes based on one or more independent variables.
Indicator Variables
Variables used in statistical models to represent subgroups with values typically set to 0 or 1, indicating the absence or presence of a characteristic.
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