In Regression Analysis, If the Dependent Variable Is Measured in Dollars

question 4

Multiple Choice

In regression analysis, if the dependent variable is measured in dollars, the independent variable _____.

• A) must also be in dollars
• B) must be in some unit of currency
• C) can be any units
• D) cannot be in dollars

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Definitions:

Pacifist Sentiment

The belief in or inclination towards avoiding war or violence as means of settling disputes, favoring peaceful resolutions and negotiations.

United Kingdom

The United Kingdom is a sovereign country located off the northwestern coast of mainland Europe, comprising England, Scotland, Wales, and Northern Ireland.

1916

A year during the First World War, marked by significant military events and battles.

North African Colony

Territories in North Africa that were under the control of foreign powers, particularly during the era of European colonialism.