Question 1a Red wine, in moderation, has been thought of as heart healthy. Suppose that you want to test whether red wine was associated with a reduction in the risk of heart attacks. Consider the following regression model: y = Bo+Px + u You are going to run regression using a survey dataset. If y; is individual f's health (a higher score indicates better health conditions) and x is the individual's red wine consumption (given a period of time), what is included in u [Blank 1]? (list at least one) what sign of bias would you expect in an OLS regression of y on x [Blank 2]? (enter "positive" or "negative") Blank # 1 Blank # 2

MATLAB: An Introduction with Applications
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Chapter1: Starting With Matlab
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Question 1a
Red wine, in moderation, has been thought of as heart healthy. Suppose that you want to test whether red
wine was associated with a reduction in the risk of heart attacks.
Consider the following regression model:
y = Bo+ B1x +u
You are going to run regression using a survey dataset. If yi is individual i's health (a higher score indicates better
health conditions) and x; is the individual's red wine consumption (given a period of time), what is included in u
[Blank 1]? (list at least one)
what sign of bias would you expect in an OLS regression of y on x [Blank 2]? (enter "positive" or
"negative")
Blank # 1
Blank # 2
Transcribed Image Text:Question 1a Red wine, in moderation, has been thought of as heart healthy. Suppose that you want to test whether red wine was associated with a reduction in the risk of heart attacks. Consider the following regression model: y = Bo+ B1x +u You are going to run regression using a survey dataset. If yi is individual i's health (a higher score indicates better health conditions) and x; is the individual's red wine consumption (given a period of time), what is included in u [Blank 1]? (list at least one) what sign of bias would you expect in an OLS regression of y on x [Blank 2]? (enter "positive" or "negative") Blank # 1 Blank # 2
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