A real estate appraiser is developing a regression model to predict the market value of single family residential houses as a function of heated area,number of bedrooms,number of bathrooms,age of the house,and central heating (yes,no).The "central heating" variable in this model is ___.
A)a response variable
B)a quantitative variable
C)a dependent variable
D)a qualitative variable
E)an independent variable

Question

Quizplus · Accepted Answer

Central heating is a qualitative variable, as it can only take on two distinct values (yes or no), and cannot be measured numerically.

A Real Estate Appraiser Is Developing a Regression Model to Predict