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How Does Collecting More/alternative Data Put Less Burden on the Modeling

Question 29

Multiple Choice

How does collecting more/alternative data put less burden on the modeling choices of the analyst?


A) By collecting more data, an analyst can completely avoid characterizing a determining function.
B) By collecting more data, an analyst can avoid heteroscedasticity.
C) By collecting more data, an analyst can avoid having to make functional form choices to fill in data gaps/extent of the data.
D) By collecting more data, an analyst can implement a fixed effects design.

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