The OLS estimators of the coefficients in multiple regression will have omitted variable bias: a. only if an omitted determinant of b. if an omitted variable is correlated with at least one of the regressors, even though it is not a determinant of the dependent variable. C. only if the omitted variable is not normally distributed. d. if an omitted determinant of Y Y is a continuous variable. i is correlated with at least one of the regressors. e. if the degree of freedom is less than 50.

The OLS estimators of the coefficients in multiple regression will have omitted variable bias: a. only if an omitted determinant of b. if an omitted variable is correlated with at least one of the regressors, even though it is not a determinant of the dependent variable. C. only if the omitted variable is not normally distributed. d. if an omitted determinant of Y Y is a continuous variable. i is correlated with at least one of the regressors. e. if the degree of freedom is less than 50.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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