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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

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