A market analyst is developing a regression model to predict monthly household expenditures on groceries as a function of family size,household income,and household neighbourhood (urban,suburban,and rural).The "neighbourhood" variable in this model is ___.
A)an independent variable
B)a response variable
C)a quantitative variable
D)a dependent variable
E)a constant

Question

Quizplus · Accepted Answer

The "neighbourhood" variable is being used as an independent variable to predict household expenditures on groceries.

A Market Analyst Is Developing a Regression Model to Predict