Question

We want to know how a student’s level of education and their gender impacts both their annual income and amount of student loan debt. However, we want to account for the annual income of the student’s parents as well. What is the independent variable?

Answer 1

The independent variables in this scenario are level of education, gender and annual income of the student's parents. These variables are being studied to determine their effect on the dependent variables, which are annual income and amount of student loan debt, taking into account the annual income of the student's parents.