In case of omitted variable bias, which of the following OLS assumption will be violated Group of answer choices (X,Y) are i.i.d. drawn from their joint distribution E(u|X)=0 There are no outliers for X and u. There is heteroskedasticity.

In case of omitted variable bias, which of the following OLS assumption will be violated Group of answer choices (X,Y) are i.i.d. drawn from their joint distribution E(u|X)=0 There are no outliers for X and u. There is heteroskedasticity.

Algebra & Trigonometry with Analytic Geometry

13th Edition

ISBN:9781133382119

Author:Swokowski

Publisher:Swokowski

Chapter10: Sequences, Series, And Probability

Section10.8: Probability

Problem 19E

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Question

In case of omitted variable bias, which of the following OLS assumption will be violated

Group of answer choices

(X,Y) are i.i.d. drawn from their joint distribution

E(u|X)=0

There are no outliers for X and u.

There is heteroskedasticity.

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