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
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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.
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