A Market Analyst Is Developing a Regression Model to Predict

question 23

Multiple Choice

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 neighborhood (urban, suburban, and rural) .The response variable in this model is _____.

• A)family size
• B)expenditures on groceries
• C)household income
• D)suburban
• E)household neighborhood

---

Definitions:

Placebo

An inert or non-active substance given to a patient in place of a medication, used in clinical trials to test the efficacy of treatments.

Mentally Impaired

Refers to a condition affecting cognitive functioning, making it difficult for individuals to process information, learn, and engage in everyday activities.

Vulnerable Populations

Groups of individuals who are at greater risk of experiencing health disparities or harm due to socioeconomic, cultural, ethnic, demographic, or health characteristics.

Prisoners

Individuals who are held in confinement as a result of their conviction of criminal offenses.