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Which of the following is the most appropriate explanation of logistic regression?
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Lighting systems that use solar panels to convert sunlight into electricity, providing a sustainable and energy-efficient source of illumination.
Initial Public Offering
The first sale of a company's shares to the public, marking a private company's transition to a public company.
Accredited Investor Exemption
A regulatory exemption allowing certain qualified investors to participate in investments not available to the general public.
Takeover Bid
An attempt by a competitor to obtain a controlling interest in a corporation.
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