In the case of errors-in-variables bias, the precise size and direction of the bias depend on a. the sample size in general.
b. the correlation between the measured variable and the measurement error.
c. the size of the regression $R ^ { 2 }$.
d. whether the good in question is price elastic.

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The Answer of In the case of errors-in-variables bias, the precise size and direction of the bias depend on a. the sample size in general.
b. the correlation between the measured variable and the measurement error.
c. the size of the regression $R ^ { 2 }$.
d. whether the good in question is price elastic.

In the Case of Errors-In-Variables Bias, the Precise Size and Direction