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What is the effect of keeping all variables exept the independent variable the same?
That will result in "replications" of the experiment.
Why cant you draw a conclusion about the effect of one variable in an investigation when the other key variables are not controlled?
If none of the variables are constant (or controls) you have no idea which variable or combination of variables caused the effect.
What are the Difference between endogenous and exogenous variables?
Endogenous variables are important in econometrics and economic modeling because they show whether a variable causes a particular effect. Economists employ causal modeling to explain outcomes (dependent variables) based on a variety of factors (independent variables), and to determine to which extent a result can be attributed to an endogenous or exogenous cause.
How do you keep control variables constant?
Dependent upon the variables, you need to take into consideration factors that can affect the outcome of the result; what will make the result vary in any way. If this, for example, entails the variable to be kept constant time, you will monitor the time and repeat it throughout the experiment. This is my understanding of constant variables; hope this helped.
Differentiate independent variables from dependent variables?
In a controlled experiment, the Independent variable refers to the variable that is manipulated or altered. The dependent variable, meanwhile, is the result of the experiment.
