In an econometric model, the dependent variable is
A) the behavior one is trying to explain.
B) unchanging across subsamples.
C) always the wage.
D) also known as the residual.
E) unrelated to the independent variables.

Question

Quizplus · Accepted Answer

The dependent variable in an econometric model is the outcome or the behavior that the model is trying to explain, predict, or understand. It is influenced by the independent variables in the model.

In an Econometric Model, the Dependent Variable Is