A market analyst is developing a regression model to predict monthly household expenditures on groceries as a function of family size, household income, and household neighborhood (urban, suburban, and rural).The "neighborhood" variable in this model is ______.
A)an independent variable
B)a response variable
C)a quantitative variable
D)a dependent variable
E)a constant

Question

Quizplus · Accepted Answer

The "neighborhood" variable is an independent variable because it is one of the factors that the model uses to predict monthly household expenditures on groceries. Independent variables are the inputs or predictors in a regression model.

A Market Analyst Is Developing a Regression Model to Predict