The Power of Supermarkets Is Often a Cause for Concern

question 87

Multiple Choice

The power of supermarkets is often a cause for concern as it may put pressure on _______ to lower their prices as they are so dependent on the supermarkets for their sales.

• A)suppliers
• B)consumers
• C)buyers
• D)shareholders

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Definitions:

Explanatory Variables

Variables in a statistical model that are used to explain variations in the dependent variable, also known as independent variables.

Scatterplot

A type of graph used in statistics to display values for typically two variables for a set of data where the dots in the plot indicate the values obtained for each individual.

Explanatory Variable

A type of independent variable that is manipulated or categorized to measure its effect on a dependent variable.

Response Variable

A variable that measures the outcome of a study, often used as the dependent variable whose changes are tested against independent variables.