If we are running a regression to analyze the question if advertising expenses are related to sales revenue outcomes, what would be the independent variable?
A) sales revenue
B) advertising expenses
C) cost of goods sold
D) operating expenses

Question

Quizplus · Accepted Answer

The independent variable is the one that is presumed to cause or lead to a change in another variable, which in this case is advertising expenses. The hypothesis is that changes in advertising expenses will lead to changes in sales revenue outcomes, making advertising expenses the independent variable.

If We Are Running a Regression to Analyze the Question