In regression analysis, which variable is considered dependent?

In regression analysis, the dependent variable is the outcome or the variable that researchers are trying to predict or explain based on the influence of one or more independent variables. In this context, real estate tax revenue is the dependent variable because it is likely being analyzed to determine how it is affected by other factors, such as market value, tax rate, or assessed value.

For example, one might use regression analysis to understand how changes in market value or assessed value lead to changes in the real estate tax revenue collected. The other options serve as independent variables that may influence the dependent variable, but ultimately, the focus is on predicting or analyzing the behavior of real estate tax revenue in relation to those independent factors.

Thus, recognizing real estate tax revenue as the dependent variable allows for an exploration of the relationships and dynamics that may impact it, which is fundamental in economic and financial analyses within public finance.