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Test Bank for Introductory Econometrics A Modern Approach 6th Edition by Wooldridge

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Test Bank for Introductory Econometrics A Modern Approach 6th Edition by Wooldridge

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Test Bank for Introductory Econometrics A Modern Approach 6th Edition by Wooldridge
Test Bank for Introductory Econometrics A Modern Approach 6th Edition by Wooldridge




Page 1

, 1. A dependent variable is also known as a(n) _____.
a. explanatory variable
b. control variable
c. predictor variable
d. response variable
ANSWER: d
RATIONALE: FEEDBACK: A dependent variable is known as a response variable.
POINTS: 1
DIFFICULTY: Easy
NATIONAL STANDARDS: United States - BUSPROG: Analytic
TOPICS: Definition of the Simple Regression Model KEYWORDS:
Bloom’s: Knowledge




2. If a change in variable x causes a change in variable y, variable x is called the _____. a. dependent variable
b. explained variable
c. explanatory variable
d. response variable
ANSWER: c
RATIONALE: FEEDBACK: If a change in variable x causes a change in variable y, variable x is called the
independent variable or the explanatory variable.
POINTS: 1
DIFFICULTY: Easy
NATIONAL STANDARDS: United States - BUSPROG: Analytic
TOPICS: Definition of the Simple Regression Model KEYWORDS:
Bloom’s: Comprehension




3. In the equation is the _____.
a. dependent variable
b. independent variable
c. slope parameter
d. intercept parameter
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