A cost accountant is developing a regression model to predict the total cost of producing a batch of printed circuit boards as a linear function of batch size (the number of boards produced in one lot or batch), production plant (Kingsland, and Yorktown), and production shift (day, and evening).In this model, "shift" is ______.
A)a response variable
B)an independent variable
C)a quantitative variable
D)a dependent variable
E)a constant

Question

Quizplus · Accepted Answer

Shift is an independent variable as it is used to predict the total cost, which is the dependent variable.

A Cost Accountant Is Developing a Regression Model to Predict