Mathematics, 08.11.2021 14:00 walkereddie580

11.Omitted variable bias:A) will always be present as long as the regression R2< 1.B) is always there but is negligible in almost all economic examples. C) exists if the omitted variable is correlated with the included regressor but is not a determinant of the dependent variable. D) exists if the omitted variable is correlated with the included regressor and is a determinant of the dependent variable.

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11.Omitted variable bias:A) will always be present as long as the regression R2< 1.B) is always t...