A control variable is a variable included in a regression equation whose purpose is to:
A) alleviate an endogeneity problem.
B) improve the fit of the model.
C) provide a placebo test.
D) ensure the sample is representative.

Name: A control variable is a variable included in a regression equation whose purpose is to: A) alleviate an endogeneity problem. B) improve the fit of the model. C) provide a placebo test. D) ensure the sample is representative.
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Question

Quizplus · Accepted Answer

The Answer is A

A Control Variable Is a Variable Included in a Regression