Twenty-one executives in a large corporation were randomly selected for a study to determine the effect of several factors on annual salary (expressed in $000's). The factors selected were age, seniority, years of college, number of company divisions they had been exposed to and the level of their responsibility. A regression analysis was performed using a popular spreadsheet program with the following regression output: Which one of the following is the dependent variable?
A) Age
B) Seniority
C) Level of responsibility
D) Annual salary

Question

Twenty-one executives in a large corporation were randomly selected for a study to determine the effect of several factors on annual salary (expressed in $000's). The factors selected were age, seniority, years of college, number of company divisions they had been exposed to and the level of their responsibility. A regression analysis was performed using a popular spreadsheet program with the following regression output:  Which one of the following is the dependent variable?
A) Age 
B) Seniority 
C) Level of responsibility 
D) Annual salary

Quizplus · Accepted Answer

The dependent variable is the one being predicted or explained by the other variables. In this case, the dependent variable is annual salary (expressed in $000's), which is being predicted by the factors of age, seniority, years of college, number of company divisions they had been exposed to and the level of their responsibility.

Twenty-One Executives in a Large Corporation Were Randomly Selected for a Study