Question: If irrelevant variable is included into the model the estimator(s) become biased

If irrelevant variable is included into the model the estimator(s) become biased

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Mathematics Questions!

Q:

Gary Hansen is a securities analyst for a mutual fund specializing in small-capitalization growth stocks. The fund regularly invests in initial public offerings (IPOs). If the fund subscribes to an...

Q:

Gary Hansen is a securities analyst for a mutual fund specializing in small-capitalization growth stocks. The fund regularly invests in initial public offerings (IPOs). If the fund subscribes to an...

Q:

Gary Hansen is a securities analyst for a mutual fund specializing in small-capitalization growth stocks. The fund regularly invests in initial public offerings (IPOs). If the fund subscribes to an...

Q:

Gary Hansen is a securities analyst for a mutual fund specializing in small-capitalization growth stocks. The fund regularly invests in initial public offerings (IPOs). If the fund subscribes to an...

Q:

Gary Hansen is a securities analyst for a mutual fund specializing in small-capitalization growth stocks. The fund regularly invests in initial public offerings (IPOs). If the fund subscribes to an...

Q:

Gary Hansen is a securities analyst for a mutual fund specializing in small-capitalization growth stocks. The fund regularly invests in initial public offerings (IPOs). If the fund subscribes to an...

Q:

Gary Hansen is a securities analyst for a mutual fund specializing in small-capitalization growth stocks. The fund regularly invests in initial public offerings (IPOs). If the fund subscribes to an...

Q:

The impact of telework on organisational performance, behaviour, and culture: evidence from business services industry based on employees' perceptions 1. Introduction Challenges raised by the...

Q:

In 1992, economists Card and Krueger collected data on fast food restaurants in New Jersey and Pennsylvania. In particular, they contacted all of the Burger King, Kentucky Fried Chicken, Wendy's, and...

Q:

SECTION TWO: MULTIPLE CHOICE OUEST For the ha forca question the appropriate 6 4. In the equation consumption + income, what with consumption $500 and fitted value of consumption 475 A. 5975 B 550 C...

Q:

Give a numerical example of the positive effects of the use of mezzanine debt, based on these data: 8% ROI 1090 Ksenior debt Kmezzanine debt 11% Tax 50% Asset 150

Q:

Consider problem au=202u, E (0,2), t> 0 u(0, t) = 8u(2, t) = 0 u(1,0) = x Calculate the first three terms of the formal series solution of the problem.

Q:

A fire deswoyed a warehouse of the Goren Group, Incorporated, on May 4 , 2 0 2 4 . Accounting records on that date indicated the following: \ table [ [ - Merchandise imentory, Jamuary 1 , 2 0 0 4 , $...

Q:

Look again at the Whole Number Place Value Chart at the beginning of this section. As you move to the left, each place is worth ten times as much as the previous place. Computers work on a binary...