In Regression Analysis,what Is the Predictor Variable Called

question 57

Multiple Choice

In regression analysis,what is the predictor variable called?

• A)Independent variable
• B)Dependent variable
• C)Correlation variable
• D)Variable of determination

---

Definitions:

Profitability

The degree to which a company or economic activity yields profit or financial gain, often measured as a ratio or percentage of revenue.

Complement

A good or service that is used together with another good or service, increasing demand for both.

Substitute

A good or service that can be used in place of another good or service, typically because it serves a similar function or satisfies the same needs.

Demand Equation

A mathematical representation of the demand curve, expressing the relationship between the quantity demanded and various factors that influence it, such as price.