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Basic Question 0 of 14
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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I am happy to say that I passed! Your study notes certainly helped prepare me for what was the most difficult exam I had ever taken.
Andrea Schildbach
Learning Outcome Statements
evaluate how well a multiple regression model explains the dependent variable by analyzing ANOVA table results and measures of goodness of fit;
CFA® 2025 Level II Curriculum, Volume 1, Module 2.