An Example of Multivariate Analysis Would Be​

question 22

Multiple Choice

An example of multivariate analysis would be​

• A) ​an examination of the ages of all women who are corporate executives.
• B) ​an analysis of the relationship among age, sex, and type of nightspot frequented in a given city in the Midwest.
• C) ​an analysis of the relationship that exists between types of undergraduate major and position held in business.
• D) ​an analysis of the relationship between type of offense and length of prison sentence for those who had a jury trial.

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Definitions:

Autonomous Consumption

The level of consumption that occurs when income levels are zero, reflecting basic consumption needs that do not depend on income.

Autonomous Consumption

Autonomous consumption is the level of consumption that occurs when income levels are zero, reflecting the basic level of consumption that is needed for survival.

Disposable Income

Post-tax disposable income that households can allocate for spending and saving.

Saving

The process of setting aside a portion of current income for future use, either by depositing the money in a bank or investing in various financial assets.