When creating a Radio Button, Yes/No, Checkbox, or Dropdown field, you can add an Option Name and Option Value.
Option Name is what the user sees when choosing an option on the form. Option Value is optional and used when you want to assign a value to an answer choice.
Example: You may want to set the values of a "yes" or "no" question to be 0 and 1, respectively. For a question with long answer choices, you may want to give shortened variable names so the data shows up cleaner in reports and data exports.
Option Name and Option Values are recorded in the collected dataset and you can modify them to align with your desired statistical analysis.