A Human Resources Analyst Is Developing a Regression Model to Predict

question 55

Multiple Choice

A human resources analyst is developing a regression model to predict electricity production plant manager compensation as a function of production capacity of the plant,number of employees at the plant,and plant technology (coal,oil,and nuclear) . The "number of employees at the plant" variable in this model is ______.

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

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Definitions:

Profit (Loss)

The financial result of a company's operations and activities, determined by subtracting total expenses from total revenues over a given period.

Ounce

An ounce is a unit of weight commonly used in the United States and Britain, equivalent to 1/16 of a pound or about 28.35 grams.

Pounds

A unit of weight commonly used in the United States, equivalent to 0.453592 kilograms, or a British currency (GBP).

Hedged Delivery

A strategy used in trading and finance to minimize risk by taking compensating positions in related securities or commodities.