SOLUTION: 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
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Question 1150477: 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 response variable
an independent variable
a qualitative variable
an indicator variable
a dependent variable