Question: If you omit a variable that is positively correlated with both x and y in your regression equation, how is it most likely to impact
If you omit a variable that is positively correlated with both x and y in your regression equation, how is it most likely to impact the bias of the estimated slope coefficient in your simple linear regression? It will be smaller than it shoud be It will be bigger than it should be This won't impact your estimation You won't be able to estimate a slope coefficient There is absolutely no way to tell
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