Latitude and longitude. They are the imaginary lines drawn all around the world, they give specific locations.
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Since Shalane asks each student to indicate whether she or he is an athlete; then, the students complete a life satisfaction survey. This example shows that athleticism is a <u>nominal</u> variable.
Let's understand what a nominal variable is.
<h3>Nominal variable</h3>
Nominal variable is known to be used in statistical analysis. It is used to place people into various groups.
Nominal variable is also known as categorical variable. It is used when people fill out a survey.
Since Shalane tends to know who is an athlete, athleticism is a nominal variable.
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The most important aspect for venture capitalists are people.
<h3>
What are some aspects that you'd want to include in a pitch to a venture capitalist?</h3>
6 Important Factors Venture Capitalists Consider Before Investing:
Character of the business partners. The people behind an idea or company and, more importantly, their character is extremely important.
Capacity of the business partners.
Innovative idea.
Communal benefit.
Long-term sustainability.
Financial outlook.
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