Twenty-one executives in a large corporation were randomly selected to study the effect of several factors on annual salary (expressed in $000s). The factors selected were age,seniority,years of college,number of company divisions to which they had been exposed,and the level of their responsibility. The results of the regression analysis follow: Which one of the following is the dependent variable?
A)Age
B)Seniority
C)Level of responsibility
D)Annual salary

Question

Twenty-one executives in a large corporation were randomly selected to study the effect of several factors on annual salary (expressed in $000s). The factors selected were age,seniority,years of college,number of company divisions to which they had been exposed,and the level of their responsibility. The results of the regression analysis follow:   Which one of the following is the dependent variable?
A)Age 
B)Seniority 
C)Level of responsibility 
D)Annual salary

Quizplus · Accepted Answer

The dependent variable is the variable that is being predicted or explained by the other independent variables. In this case, the dependent variable is annual salary and it is being predicted by the other factors such as age, seniority, years of college, number of company divisions, and level of responsibility.

Twenty-One Executives in a Large Corporation Were Randomly Selected to Study