A researcher wants to include the variable "skill" in a regression, but cannot find a proper metric to measure it. If the researcher just decides not to include it in the model, it will... O a. Lead to biased estimates of the variance. O b. Cause multicollinearity. O c. Lead to biased least squares estimators. O d. Cause heteroscedasticity.

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
icon
Related questions
Question
A researcher wants to include the variable "skill" in a regression, but cannot find a proper metric to
measure it. If the researcher just decides not to include it in the model, it will...
O a. Lead to biased estimates of the variance.
O b. Cause multicollinearity.
O c. Lead to biased least squares estimators.
O d. Cause heteroscedasticity.
Transcribed Image Text:A researcher wants to include the variable "skill" in a regression, but cannot find a proper metric to measure it. If the researcher just decides not to include it in the model, it will... O a. Lead to biased estimates of the variance. O b. Cause multicollinearity. O c. Lead to biased least squares estimators. O d. Cause heteroscedasticity.
Which of the following is not a good interpretation of a seasonal index of 1.26 for fall quarter sales?
O a. Fall quarter sales are 26 perbent higher than the annual average.
O b. Fall quarter sales represents 1.26 times the annual average.
O c. Fall quarter sales represents an increase of 26 percent over last year's annual average.
O d. Fall quarter sales average 126 percent of annual sales.
Transcribed Image Text:Which of the following is not a good interpretation of a seasonal index of 1.26 for fall quarter sales? O a. Fall quarter sales are 26 perbent higher than the annual average. O b. Fall quarter sales represents 1.26 times the annual average. O c. Fall quarter sales represents an increase of 26 percent over last year's annual average. O d. Fall quarter sales average 126 percent of annual sales.
Expert Solution
steps

Step by step

Solved in 2 steps

Blurred answer
Similar questions
Recommended textbooks for you
MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
Elementary Statistics: Picturing the World (7th E…
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
Introduction to the Practice of Statistics
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman