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Basic Question 0 of 6

A financial economist runs the following regression:

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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Lina

Lina

Learning Outcome Statements

formulate hypotheses on the significance of two or more coefficients in a multiple regression model and interpret the results of the joint hypothesis tests;

CFA® 2025 Level II Curriculum, Volume 1, Module 2.