If the data-generating process you are working with has a population parameter that is not identified it will be the case that:
A) you will need more data to get a precise estimate.
B) you will always need an instrumental variable to get an unbiased estimate.
C) a fixed effect model will be required.
D) None of the answers is correct.

Question

Quizplus · Accepted Answer

If the population parameter is not identified, it means that no amount of data or any specific model can provide an accurate estimate. Therefore, none of the options given can be considered as the best choice.

If the Data-Generating Process You Are Working with Has a Population