A Multiple Regression Analysis Showed the Following Results of the Individual

question 75

Multiple Choice

A multiple regression analysis showed the following results of the individual independent variables. Which independent variables are significantly related to the dependent variable?

• A) X2 and X4 are significantly related to the dependent variable indicated by their very small p-values.
• B) No significant relationship between the independent variables and the dependent variable.
• C) All 4 independent variables are highly correlated with each other, therefore they are all significantly related to the dependent variable.
• D) X1 and X3 are significantly related to the dependent variable indicated by their large p- values.

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Definitions:

Consumer Purchasing Pattern

Refers to the behavior and habits of consumers in acquiring goods and services, including the types of products they buy, the frequency of purchases, and the influences on their buying decisions.

Hierarchy of Effects

A model describing the stages a consumer goes through, from awareness to knowledge, liking, preference, conviction, and finally purchase.

Purchase Decision Continuum

The range of processes and factors that influence a consumer's decision from the moment of realization of a need to the actual purchase.

Consumer-Product Cycle

The stages through which a product goes from development and introduction to the market, growth, maturity, and eventual decline.