A linear model fit to predict weekly Sales of frozen pizza i
A linear model fit to predict weekly Sales of frozen pizza (in pounds) from the average Price (S unit) charged by a sample of stores in a city in 39 weeks over a three-year period is shown below. Complete parts a through f. Sales = 148,145 - 24,948 Price ) What is the explanatory variable? O Price O Sales
Solution
An explanatory variable is another term for an independent variable. The two terms are often used interchangeably.
Here PRICE is independent variable
so Price is correct option
