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PilotLPTM [1.2K]
4 years ago
9

A small business owner has created a linear regression model to predict the number of new customers who will visit a shop based

on the number of times the owner has an advertisement played on the radio. What is the explanatory variable and what is the response variable?
A. Explanatory: number of new customers; response: number of times the advertisement is played
B. Explanatory: number of times the advertisement is played; response: number of new customers
C. Explanatory: number of times the advertisement is played; response: number of purchases made by customers
D. Explanatory: number of purchases made by customers; response: number of times the advertisement is played
E. Explanatory: number of previous customers; response: number of new customers
Mathematics
1 answer:
Gala2k [10]4 years ago
5 0

Answer:

Option B) B. Explanatory: number of times the advertisement is played; Response: number of new customers

Step-by-step explanation:

We are given the following situation:

A small business owner has created a linear regression model to predict the number of new customers who will visit a shop based on the number of times the owner has an advertisement played on the radio.

Dependent and independent variable:

  • The dependent variable is the variable whose value changes with change in the independent variable.
  • Dependent variable are also knows as response variable.
  • Independent variable is known as explanatory variable.
  • Independent variable is the free variable.

Dependent Variable:

number of new customers

Independent variable:

number of times the owner has an advertisement played on the radio.

Option B) B. Explanatory: number of times the advertisement is played; Response: number of new customers

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