A Multiple Regression Model Includes the Term (X₁)(X₂)

question 120

Multiple Choice

A multiple regression model includes the term (X₁) (X₂) . The term implies that:

• A) the independent variables are correlated.
• B) there is only one independent variable in the regression model.
• C) the effect of X₁ on the dependent variable is independent of the value of X₂.
• D) the effect of X₁ on the dependent variable depends on the value of X₂.

---

Definitions:

Factory

A building or complex where goods are manufactured or assembled primarily by machine.

Finished Goods

Items that have finished being made but haven't been purchased by buyers yet.

Production Jobs

Tasks or operations related to the manufacturing or production process within an organization, often categorized by specific roles or assignments.

Profit

The financial gain realized when the amount of revenue gained exceeds the expenses, costs, and taxes needed to sustain the operation.