In regression analysis, if the dependent variable is measured in dollars, the independent variable
A) must also be in dollars.
B) must be in some units of currency.
C) can be measured in any units.
D) cannot be in dollars.

Question

Quizplus · Accepted Answer

The independent variable can be measured in any units, as long as it is relevant to the relationship being analyzed. It does not have to be in the same units as the dependent variable.

In Regression Analysis, If the Dependent Variable Is Measured in Dollars