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In an econometric model, the dependent variable is Group of answer choices unrelated to the independent variables. the behavior one is trying to explain. unchanging across subsamples. also known as the residual. always the wage.

1 Answer

6 votes

Answer:

the behavior one is trying to explain

Step-by-step explanation:

The dependent variable is the variable that is being explained by the independent variable.

For example

Di = x + x1 + x2 + x3

Di = demand for ice cream = dependent variable

where x1 = price

x2 = taste

x3 = income

answered
User Leslie Davies
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