A variable is defined as a a. quantity of interest that can take ...

[clmills979]

A variable is defined as a
 a. quantity of interest that can take on same values.
  b. set of values.
  c. quantity of interest that can take on different values.
  d. characteristic that takes on same values from a set of values.

Question 2

For y = annual household expenditure for appliances maintenance and repair, what independent variables could help explain the amount of money a household spends per year for this purpose?

[dawsa925]

Answer to Question 1

C

Answer to Question 2

Many variables could affect the annual household expenditure for appliances maintenance and repair: the number of appliances owned, the age(s) of the appliance(s), the make(s) of the appliance(s). These are just a few of the many variables that could have a notable effect.

[clmills979]

Thanks for the timely response, appreciate it

[bblaney]

Great answer, keep it coming