Multiple Choice
You are collecting information on prices and attributes of electrical vehicles such as the mile range from a single charge for a bunch of electric cars. Suppose your company has created an electric vehicle that will have a mile range twice as large as an existing electric vehicle on the market. Does the model you've estimated have an identification problem?
A) No, because this data gap does not exist in the population.
B) Yes, the extrapolation required exists in the population of current electric vehicles, not just your sample.
C) Yes, but you can still extrapolate the data gap.
D) No, because data gaps cannot cause identification problems.
Correct Answer:

Verified
Correct Answer:
Verified
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