Question: e. What happens to this slope when the authors include in the above model SAT scores, high school grades an a proxy for the missing


e. What happens to this slope when the authors include in the above model SAT scores, high school grades an a proxy for the missing variable? What is the proxy they use? Explain the change in the coefficient using the model of omitted variable bias
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
