Question: Hello, I need the answer to this question please. Suppose you want to estimate the model Y = Bo + 81X1 + 82X2 + 83X3

 Hello, I need the answer to this question please. Suppose you

Hello, I need the answer to this question please.

want to estimate the model Y = Bo + 81X1 + 82X2

Suppose you want to estimate the model Y = Bo + 81X1 + 82X2 + 83X3 + 34X4. However, you cannot measure X4, so you estimate Y- Bo + B1X1 + 82X2 + 83X3 instead. This results in... a. Specification bias. O b. Autocorrelation c. Heteroscedasticity hs O d. Multicollinearity Clear my choice

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