Some Terminology In the linear regression model,wherey=Bo+Bx +Bx2+...Bx+u,we typically call 1% xpx2...xk Dependent Variable Independent Variable Left-Hand Side Variable Right-Hand Side Variable Explained Variable Explanatory Variable Regressand Regressor Covariate,Control Variables Econometrics 15-Zhuxi @SJTU 2Econometrics 15 - Zhuxi @SJTU 2 Some Terminology In the linear regression model, where y = b0 + b1 x1 + b2 x2 + . . . bk xk + u, we typically call y x1 ,x2 , …,xk Dependent Variable Independent Variable Left-Hand Side Variable Right-Hand Side Variable Explained Variable Explanatory Variable Regressand Regressor Covariate, Control Variables