A human resources analyst is developing a regression model to predict electricity production plant manager compensation as a function of production capacity of the plant,number of employees at the plant,and plant technology (coal,oil,and nuclear).The "plant technology" variable in this model is ___.
A)a qualitative variable
B)a dependent variable
C)a response variable
D)an indicator variable
E)a quantitative variable

Question

Quizplus · Accepted Answer

The "plant technology" variable is a qualitative variable because it describes categories (coal, oil, nuclear) rather than numerical values.

A Human Resources Analyst Is Developing a Regression Model to Predict