Question: 4. Why is it better to omit a predictor from a model that might have a small effect (small slope) on the response, instead of


4. Why is it better to omit a predictor from a model that might have a small effect (small slope) on the response, instead of including a variable which has no effect on the response? To answer this question describe the effect of those decisions on the mean and variance of estimators of the slopes
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
