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A Market Analyst Is Developing a Regression Model to Predict

Question 63

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 neighbourhood (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

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