A supermarket chain gathers data on the amount they spend on promotional material (e.g., Coupons, etc.) and sales revenue generated each quarter.The predictor variable is
A)sales revenue.
B)amount spent on promotional material.
C)number of coupons offered.
D)supermarket chains.
E)none of the above.

Question

Quizplus · Accepted Answer

The predictor variable is the one that is used to predict another variable. In this context, the amount spent on promotional material is used to predict the sales revenue, making it the predictor variable.

A Supermarket Chain Gathers Data on the Amount They Spend