Suppose the variable x2 has been omitted from the following regression equation,
is the estimator obtained when
is omitted from the equation. The bias in
is positive if _____.
A) >0 and
and
are positively correlated
B) <0 and
and
are positively correlated
C) >0 and
and
are negatively correlated
D) = 0 and
and
are negatively correlated
Correct Answer:
Verified
Q14: Which of the following is true of
Q15: The coefficient of determination (R2) decreases when
Q16: If an independent variable in a multiple
Q17: If the explained sum of squares is
Q18: Which of the following is true of
Q20: Consider the following regression equation:
Q21: A larger error variance makes it difficult
Q22: Suppose that you are interested in estimating
Q23: An explanatory variable is said to be
Q24: Suppose the relationship between wage, years of
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents