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Suppose you have the following model: Y=B +BX +BX2+E To estimate this model, you run the following OLS regression: There are two potential candidates for X: x such that it is determinant of Y and x such that it is not determinant of Y. Assuming both candidates are not correlated with X, which candidate would result in omitted variable blas? neither candidate both candidates d.

Suppose you have the following model: Y=B +BX +BX2+E To estimate this model, you run the following OLS regression: There are two potential candidates for X: x such that it is determinant of Y and x such that it is not determinant of Y. Assuming both candidates are not correlated with X, which candidate would result in omitted variable blas? neither candidate both candidates d.

MATLAB: An Introduction with Applications
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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Suppose you have the following model: Y=B +B,X1 +BX2+E To estimate this model, you run the following OLS regression: Y=B, +BX te There are two potential candidates for X;: x such that it is determinant of Y and x such that it is not determinant of Y. Assuming both candidates are not correlated with X, which candidate would result in omitted varlable blas? neither candidate both candidates d.
Transcribed Image Text:Suppose you have the following model: Y=B +B,X1 +BX2+E To estimate this model, you run the following OLS regression: Y=B, +BX te There are two potential candidates for X;: x such that it is determinant of Y and x such that it is not determinant of Y. Assuming both candidates are not correlated with X, which candidate would result in omitted varlable blas? neither candidate both candidates d.
Suppose you have the following model: To estimate this model, you run the following OLS regression: Y-B BXte There are two potential candidates for Xy X} such that cor X. X) - 0 and x such that cor(X,xD = 0. Assuming both candidates are determinant of Y, which candidate would result in omitted varlable blas? neither candidate b. both candidates d.
Transcribed Image Text:Suppose you have the following model: To estimate this model, you run the following OLS regression: Y-B BXte There are two potential candidates for Xy X} such that cor X. X) - 0 and x such that cor(X,xD = 0. Assuming both candidates are determinant of Y, which candidate would result in omitted varlable blas? neither candidate b. both candidates d.
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