The correct statement about their investigation is:
The growth of the tomato plants is the dependent variable and the type of fertilizer is the independent variable.
In this investigation, the students are manipulating (changing) the type of fertilizer to observe how it affects the growth of the tomato plants. Therefore, the growth of the plants is dependent on the type of fertilizer used, making it the dependent variable, while the type of fertilizer is the independent variable that is being tested.