For Each of the Following Scenarios, Indicate Which Is the Predictor

question 23

Essay

For each of the following scenarios, indicate which is the predictor variable and which is the response variable.
a. A study examined consumption levels of oil and carbon dioxide emissions for a sample of counties.
b. Data were collected on job performance rating and hours of training for a sample of employees at a telecommunications repair facility.
c. Salary data as well as years of managerial experience were collected for a sample of executives in the high tech industry.

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Definitions:

Vertical Analysis

A technique for evaluating financial statement data that expresses each item within a financial statement as a percentage of a base amount.

Net Income

The net income of a business following the subtraction of all costs and taxes from its revenue.

Net Sales

The revenue a company earns from goods sold or services provided after returns, allowances for damaged goods, and discounts are subtracted.

Cost Of Goods Sold

The direct costs attributable to the production of the goods sold by a company, including the cost of the materials and labor directly involved in creating the product.