An example of analysis that involves variables and how they affect one another would include the relationship of the price of CDs to the quantity of CDs purchased.

Question

Quizplus · Accepted Answer

The price of CDs and the quantity of CDs purchased are two variables that are likely to have an inverse relationship. As the price of CDs increases, the quantity of CDs purchased is likely to decrease and vice versa. This type of analysis involves examining the relationship between two or more variables and how they affect one another.

An Example of Analysis That Involves Variables and How They