skip to Main Content
The smarter way
to do assignments.

Please note that this is just a preview of a school assignment posted on our website by one of our clients. If you need assistance with this question too, please click on the Order button at the bottom of the page to get started.

The Assignment:
Based on cause and effect, explain the relationship between an independent and a dependent variable.
Respond to at least two of your classmates’ postings.
Tips & Hints:
Please note that it is not sufficient to simply say that one is cause and the other is effect… because a) this just repeats the question, and b) statistics and econometrics does NOT really establish cause and effect!  (So you know what not to say as an answer!)
Be sure to read what the text has to say.  While it is true that one hopes that there is cause and effect, neither statistics nor econometrics can tell you whether a cause will with certainty result in an effect.  (How could simple math establish cause and effect?) So what exactly is the relationship between independent and dependent variables in statistics and econometrics?
It may help you to address this question by pondering an example. (This is intended as a thought experiment, not as something to answer in this question.)  Imagine that you were asked to forecast OLED TV unit sales for 2020.  Your dependent variable would be the number of OLED TVs to be sold next year; your independent variables might be consumer disposable income, the price of OLED TVs to the consumer, and industry capacity.  Does that mean that that industry capacity would cause sales of OLEDs?  Does that mean that consumer disposable income causes sales of OLEDs?  How could these factors suddenly actually cause you or me to run out and buy an OLED TV?  Of course they can’t! 
But there is some kind of relationship.  The questions is what kind of relationship?  And that is what this Discussion asks you to consider.


Clicking on this button will take you to our custom assignment page. Here you can fill out all the additional details for this particular paper (grading rubric, academic style, number of sources etc), after which your paper will get assigned to a course-specific writer. If you have any issues/concerns, please don't hesitate to contact our live support team or email us right away.

How It Works        |        About Us       |       Contact Us

© 2018 | Intelli Essays Homework Service®

Back To Top