A Market Analyst Is Developing a Regression Model to Predict

question 44

Multiple Choice

A market analyst is developing a regression model to predict monthly household expenditures on groceries as a function of family size, household income, and household neighborhood (urban, suburban, and rural) .The "income" variable in this model is ____.

• A)an indicator variable
• B)a response variable
• C)a qualitative variable
• D)a dependent variable
• E)an independent variable