Given observations on wage, education, experience and IQ score, in which of the following cases will the OLS estimation of the population wage equation Log(Wage) = a + B2 Educ + ß3 Exper + B4IQ + u , tend to yield biased estimates ? Excluding High wage individuals from your sample Education and IQ are correlated with each other O Including in the regression an additional gender dummy even though you are not sure whether gender affects log(wage) or not. O The data have some (randomly) missing values on IQ

Given observations on wage, education, experience and IQ score, in which of the following cases will the OLS estimation of the population wage equation Log(Wage) = a + B2 Educ + ß3 Exper + B4IQ + u , tend to yield biased estimates ? Excluding High wage individuals from your sample Education and IQ are correlated with each other O Including in the regression an additional gender dummy even though you are not sure whether gender affects log(wage) or not. O The data have some (randomly) missing values on IQ

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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