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Understanding and predicting inventory obsolescence is an important determination for retail companies. When using competitor selling prices to estimate the inventory obsolescence reserve, the inventory obsolescence reserve represents which of the following?
a. Independent variable.
b. Dependent variable.
c. Function.
d. Statistical Model.

Respuesta :

ogorwyne

In this question the inventory obsolescence reserve is a representation of a dependent variable.

What is a dependent variable?

This is a variable that is being studied. It is the variable that their effect is to be ascertained.

The dependent variable usually gets its effect from the independent variable in a research.

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