The price of a renting an apartment tends to increase when the apartment has more amenities. If we want to examine this relationship between price and amenities, will be the response variable.

Price of Renting Apartment will be the response Variable

Explanation:

Response Variable is the dependent variable which changes as an effect due to change in causal independent variable.

Eg : Law of demand states - quantity demanded responds inversely to price change . So, quantity demanded is dependent variable & price is independent variable.

'The price of a renting an apartment tends to increase when the apartment has more amenities' : states that - price of rented apartment is dependent on level of amenities . So, Level of amenities is the independent variable & rent price is the dependent response variable.

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