When a researcher is attempting to predict sales volume by using building permits,amount of advertising,and the income levels of residents,the researcher is using:
A)univariate analysis
B)a chi-square analysis
C)multiple regression analysis
D)factor analysis

Question

Quizplus · Accepted Answer

The scenario describes a situation where multiple predictors (building permits, advertising, and income levels) are being used to predict a continuous outcome variable (sales volume). This type of analysis involves multiple regression analysis. Univariate analysis focuses on a single variable, chi-square analysis is used for categorical data, and factor analysis is used to identify underlying factors that explain patterns in data. Therefore, the best choice is C - multiple regression analysis.

When a Researcher Is Attempting to Predict Sales Volume by Using