Which of the Following Variables Would Most Likely Be Used

question 23

Multiple Choice

Which of the following variables would most likely be used to segment a business market?

• A) An attitude of the company's CEO
• B) The geographic location of the company
• C) The lifestyle of the company's buying agent
• D) Net income generated by the company
• E) Common opinions of the company's employees

---

Definitions:

Coefficient

A numerical or constant quantity placed before and multiplying the variable in an algebraic expression (e.g., 4 in 4x).

Model

A simplified representation of a system or phenomenon that describes its structure or function, often used in simulations.

Studentized Residuals

Residuals divided by an estimate of their standard deviation, used for identifying outliers in regression analysis.

R-Squared

A statistical measure that represents the proportion of the variance for a dependent variable that's explained by an independent variable or variables in a regression model.