Task 4

Sometimes in quantitative research methods, the regression model can be prone to endogeneity problems. Specifically, the explanatory variable(s) may be influenced by the dependent variable or both may be jointly influenced by an unmeasured third variable. Given these endogenous relationships, in this task, you need to discuss another model that can be developed utilizing the given data set. Particularly, you need to provide an explanation as to what relationship you are trying to explore, what is the underlying reasoning for the relationship, what variables will be employed in the model, and how exploring this relationship can have practical implications. Finally, ensure that you provide sufficient discussion on the choice of variables that you wish to include in the model.

Major-project-data-set