With regression analysis used in location analysis, predictor variables are selected. Which of the following predictor variables would be more useful for a retailer who is contemplating opening a day care center than for a retailer of used books?
A) Number of households with children not attending school
B) Educational level of households
C) Average age of homes in trade area
D) Average age of head of household
E) Average number of cars in each household

Question

Quizplus · Accepted Answer

The number of young children in its potential trade area would be a good predictor of its potential success.

With Regression Analysis Used in Location Analysis, Predictor Variables Are