Using the number of births in a historical record to predict the number of driver licenses issued in subsequent years is an example of the use of a(n) ____ variable in forecasting.
A) approximating
B) indirect
C) surrogate
D) terminating

Question

Quizplus · Accepted Answer

A surrogate variable is a variable used as a substitute for a more difficult-to-measure variable. In this case, the number of births is used as a surrogate for the number of individuals who will eventually obtain a driver license, as there is a strong correlation between the two variables.

Using the Number of Births in a Historical Record to Predict