×
Instructions: All questions are compulsory.
Each question is equal marks.
Question 1.
When there are omitted variables in the regression, which are determinants of the dependent variable, then
a) you cannot measure the effect of the omitted variable, but the estimator of your included variable(s) is (are) unaffected
b) this has no effect on the estimator of your included variable because the other variable is not included
c) this will always bias the OLS estimator of the included variable
d) the OLS estimator is biased if the omitted variable is correlated with the included variable
Question 2.
Possible solutions to the omitted variable bias, when the omitted variable is not observed, include the following with the exception of
a) panel data estimation
b) nonlinear least squares
c) use of instrumental variables regression
d) use of randomized controlled experiments
Home Questions Assignment Describe and discuss historical, ethical, and wider issues within psychology: Psychology Assignment,UK Describe and discuss historical, ethical, and wider issues within psychology:
Read MoreBTEC Level 3 Unit 1: Information Technology Systems – Strategy, Management and Infrastructure, Internal Set Assignment,
Read MoreICH Q10 Pharmaceutical Quality System, Essay Assignment,
Read MoreCritically evaluate the use of the biopsychosocial model in guiding interventions within social care settings :
Read MoreAnalyse the current impact of interest rates, inflation and one other external factor on your organisation :
Read MoreNVQ Level 3 Explain the duties and responsibilities of own work role :
Read MoreHCR7003 Evaluate and apply key concepts of project management to improve healthcare including health services, social services, and all interventions and policies intended to improve health.
Read MoreA brief introduction, stating what your given gene is, setting out the aims of this report and your intended methodology.
Read MoreUnit 2 Engineering Maths BTEC Level 4, Assignment, Identify the relevance of mathematical methods to a variety of conceptualised engineering examples.
Read MoreMSc Quantity Surveying Land Use Planning, Assignment
Read More
