Examlex
From a micro view, which of the following is the best example of marketing?
Explanatory Variable
A type of variable in statistical modeling that is used to explain variations in the dependent variable; it is also known as an independent variable.
Quantitative Variables
Variables that represent numerical amounts or quantities, which can be measured and expressed numerically.
Associated
Pertains to the connection or relationship between two or more variables or factors.
Response Variable
The outcome or variable of interest that is measured or observed in a study, experiment, or analysis to see how it is affected by explanatory variables.
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