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
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 "household expenditure" variable in this model is ________.
Group of answer choices
A continuous variable
A dependent variable
An independent variable
A qualitative variable
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