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Which of the Following Variables Best Exemplify Binary Logistic Regression

question 7

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Which of the following variables best exemplify binary logistic regression?


Definitions:

Arbitrary

Based on random choice or personal whim, rather than any reason or system.

Mandate Retail Prices

The enforcement of fixed prices for goods and services that retailers must adhere to, often set by manufacturers or regulatory bodies.

Franchisee

An individual or company that is granted the right by a franchisor to run a business under the franchisor's trademark or brand.

Goods

Tangible items that are manufactured or produced for sale and consumption.

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