Executives at a large multinational corporation want to be able to predict the a
ID: 3055094 • Letter: E
Question
Executives at a large multinational corporation want to be able to predict the average number of units sold per month by the whole corporation for a given number of types of product sold. Data on units sold and types of product sold were collected for a sample of months. Complete parts a through c below. a) Which variable is the explanatory or predictor variable? 0 A. The explanatory variable is types of product sold because the executives want to know how units sold per month depends on types of product sold O B. The explanatory variable is types of product sold because the executives want to know how types of product sold depends on units sold per month. ? C. The explanatory variable is units sold per month because the executives want to know how units sold per month depends on types of product sold O D. The explanatory variable is units sold per month because the executives want to know how types of product sold depends on units sold per month. b) Which variable is the response variable? O A. The response variable is units sold per month because the executives want to know how types of product sold depends on units sold per month. O B. The response variable is types of product sold because the executives want to know how types of product sold depends on units sold per month. ° C. The response variable is types of product sold because the executives want to know how units sold per month depends on types of product sold ? D. The response variable is units sold per month because the executives want to know how units sold per month depends on type of product sodExplanation / Answer
Number of type of product sold is explanatory variable and average number of units sold is response variable. Hence,
a) Option A is correct.
b) Option D is correct.
c) Option B is correct.
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