Question

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 "neighborhood" variable in this model is ______.

Answer 1

The "neighborhood" variable in the regression model, which predicts monthly household expenditures on groceries as a function of a family size, household income and neighborhood is an independent variable. Independent variables are the predictors (the risk factors and confounders) . The output variable (in this case monthly household expenditures ) is the dependent variable.