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Basic Question 1 of 15
A financial economist runs the following regression:
B. dependent; independent.
C. independent; independent.
Demand for cars = alpha + beta*income level + error
In this regression, the demand for cars is ______ variable and the income level is ______ variable.
A. dependent; dependent.
B. dependent; independent.
C. independent; independent.
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Learning Outcome Statements
describe a simple linear regression model, how the least squares criterion is used to estimate regression coefficients, and the interpretation of these coefficients
CFA® 2025 Level I Curriculum, Volume 1, Module 10.