Question: solve Consider the true model: Wage = 2 + 3Education + 4Experience + c. The regression of Experience on Education is Experience = 1 +

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Consider the true model: Wage = 2 + 3Education + 4Experience + c. The regression of Experience on Education is Experience = 1 + 0.5Education + u. If Experience is omitted, what is the expected coefficient on Education in the misspecified model? 0 3 0 5 O 3.5 0 4

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