What would be the dependent variable in a regression determining "How are firm costs dependent on the level of production?" at a decking company?
A) Total production costs
B) Board feet
C) Type of board manufactured
D) Total production revenue

Question

Quizplus · Accepted Answer

The dependent variable is the outcome variable that the study aims to predict or explain. In this case, "firm costs" are being studied in relation to the "level of production," making total production costs the dependent variable.

What Would Be the Dependent Variable in a Regression Determining