Omitting a relevant variable(s) from a model is more dangerous than including an irrelevant variable(s). Do you

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Omitting a relevant variable(s) from a model is more dangerous than including an irrelevant variable(s). Do you agree? Why or why not?

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Essentials of Econometrics

ISBN: 978-0073375847

4th edition

Authors: Damodar Gujarati, Dawn Porter

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Question Posted: Apr 12, 2016 07:29 AM

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Omitting a relevant variable(s) from a model is more dangerous than including an irrelevant variable(s). Do you

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Since the inclusion of the irrelevant variables increas...View the full answer

Essentials of Econometrics

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