All of the Following Are External Factors That Influence Sports

question 33

Multiple Choice

All of the following are external factors that influence sports marketing decisions except

• A)competition
• B)economy
• C)target markets
• D)technology

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Definitions:

Independent Predictors

Variables that can independently forecast the outcome of a dependent variable in a statistical model.

Dependent Variable

The variable in an experiment or study that is affected by changes in the independent variable.

Multicollinearity

A situation in statistics where two or more independent variables in a multiple regression analysis are closely related, potentially leading to skewed outcomes.

Regression Models

Statistical models used to estimate the relationships among variables, often used to predict a dependent variable based on one or more independent variables.