A market research company is developing a regression model to predict monthly household expenditures on groceries as a function of family size, household income, and household neighbourhood (urban, suburban, and rural).The "neighbourhood" variable in this model is ___.
A)an independent variable
B)a response variable
C)a quantitative variable
D)a dependent variable
E)a constant

Question

Quizplus · Accepted Answer

The neighbourhood variable is being used as an independent variable, as it is one of the factors being considered to predict household expenditures on groceries.

A Market Research Company Is Developing a Regression Model to Predict