A] Measurement error in the dependent variable leads to biased OLS estimates? a-Yes, always b No, never c It depends on the correlation between the error term and the dependent variable? B] If the allocation to treatment is random, the "intention to treat" is always unbiased? a- Yes, what matters is the randomness of the treatment allocation b- No, individuals not following their allocated treatment will bias the "intention to treat" estimate c- It depends whether switching treatment status is correlated with the exogenous variables? C] It is always preferable to include more independent variables in an OLS model a- Yes, more variables capture more of the exogenous variation b- No, they lead to biases across all estimated parameters. c- It depends whether they correlate with the independent variable. D] How can we interpret the estimated coefficient of a probit model? a- it measures the effect of a one unit increase in the independent variable on the expected probability that the dependent variable is one. b- It cannot be interpreted, only its sign and statistical significance matter C- For given values of X, we can compute an index value, and use the distribution of the normal distribution to compute the associated probability that the dependent variable is one. E] When implementing an Instrumental Variable strategy, which observations are the compliers? a- individuals whose treatment status was not affected by the instrument. b- Individuals whose status changed to "treated" because of the instrument. c- Individuals whose status changed to "control" because of the instrument.
A] Measurement error in the dependent variable leads to biased OLS estimates? a-Yes, always b No, never c It depends on the correlation between the error term and the dependent variable? B] If the allocation to treatment is random, the "intention to treat" is always unbiased? a- Yes, what matters is the randomness of the treatment allocation b- No, individuals not following their allocated treatment will bias the "intention to treat" estimate c- It depends whether switching treatment status is correlated with the exogenous variables? C] It is always preferable to include more independent variables in an OLS model a- Yes, more variables capture more of the exogenous variation b- No, they lead to biases across all estimated parameters. c- It depends whether they correlate with the independent variable. D] How can we interpret the estimated coefficient of a probit model? a- it measures the effect of a one unit increase in the independent variable on the expected probability that the dependent variable is one. b- It cannot be interpreted, only its sign and statistical significance matter C- For given values of X, we can compute an index value, and use the distribution of the normal distribution to compute the associated probability that the dependent variable is one. E] When implementing an Instrumental Variable strategy, which observations are the compliers? a- individuals whose treatment status was not affected by the instrument. b- Individuals whose status changed to "treated" because of the instrument. c- Individuals whose status changed to "control" because of the instrument.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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solve 30 minutes i'll give you mny votes..hand written asap
![A] Measurement error in the dependent variable leads to biased OLS estimates?
a-Yes, always
b No, never
c It depends on the correlation between the error term and the dependent
variable?
B] If the allocation to treatment is random, the "intention to treat" is always
unbiased?
a- Yes, what matters is the randomness of the treatment allocation
b- No, individuals not following their allocated treatment will bias the "intention to
treat" estimate
c- It depends whether switching treatment status is correlated with the exogenous
variables?
C] It is always preferable to include more independent variables in an OLS model
a- Yes, more variables capture more of the exogenous variation
b- No, they lead to biases across all estimated parameters.
c- It depends whether they correlate with the independent variable.
D] How can we interpret the estimated coefficient of a probit model?
a- it measures the effect of a one unit increase in the independent variable on the
expected probability that the dependent variable is one.
b- It cannot be interpreted, only its sign and statistical significance matter
c- For given values of X, we can compute an index value, and use the distribution
of the normal distribution to compute the associated probability that the
dependent variable is one.
E] When implementing an Instrumental Variable strategy, which observations are
the compliers?
a- individuals whose treatment status was not affected by the instrument.
b- Individuals whose status changed to "treated" because of the instrument.
c- Individuals whose status changed to "control" because of the instrument.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F3c6fe5a3-eafb-47f7-97ba-f1c056911291%2F3a20ea14-15c2-4ab3-8fe9-d2935f8b685e%2Fov7frng_processed.png&w=3840&q=75)
Transcribed Image Text:A] Measurement error in the dependent variable leads to biased OLS estimates?
a-Yes, always
b No, never
c It depends on the correlation between the error term and the dependent
variable?
B] If the allocation to treatment is random, the "intention to treat" is always
unbiased?
a- Yes, what matters is the randomness of the treatment allocation
b- No, individuals not following their allocated treatment will bias the "intention to
treat" estimate
c- It depends whether switching treatment status is correlated with the exogenous
variables?
C] It is always preferable to include more independent variables in an OLS model
a- Yes, more variables capture more of the exogenous variation
b- No, they lead to biases across all estimated parameters.
c- It depends whether they correlate with the independent variable.
D] How can we interpret the estimated coefficient of a probit model?
a- it measures the effect of a one unit increase in the independent variable on the
expected probability that the dependent variable is one.
b- It cannot be interpreted, only its sign and statistical significance matter
c- For given values of X, we can compute an index value, and use the distribution
of the normal distribution to compute the associated probability that the
dependent variable is one.
E] When implementing an Instrumental Variable strategy, which observations are
the compliers?
a- individuals whose treatment status was not affected by the instrument.
b- Individuals whose status changed to "treated" because of the instrument.
c- Individuals whose status changed to "control" because of the instrument.
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