2. Which of the following will cause OLS estimators for a regression Наррiness = a Blncome +u to be biased? a) Income varies a lot in the sample. b) Optimistic disposition is in the unobservable u, which is correlated with the Income. c) Omit the intercept when its true value is not zero. d) Both b) and c)
2. Which of the following will cause OLS estimators for a regression Наррiness = a Blncome +u to be biased? a) Income varies a lot in the sample. b) Optimistic disposition is in the unobservable u, which is correlated with the Income. c) Omit the intercept when its true value is not zero. d) Both b) and c)
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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Question
![2. Which of the following will cause OLS estimators for a regression
Наррiness
= a Blncome +u to be biased?
a) Income varies a lot in the sample.
b) Optimistic disposition is in the unobservable u, which is correlated with the
Income.
c) Omit the intercept when its true value is not zero.
d) Both b) and c)](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F3e72ca9f-86b7-4929-9cff-5ac17c9f7c14%2F9cf44e1c-729d-4a55-9eaf-b0d01c108af8%2Fhw3fktg.png&w=3840&q=75)
Transcribed Image Text:2. Which of the following will cause OLS estimators for a regression
Наррiness
= a Blncome +u to be biased?
a) Income varies a lot in the sample.
b) Optimistic disposition is in the unobservable u, which is correlated with the
Income.
c) Omit the intercept when its true value is not zero.
d) Both b) and c)
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