Multiple Choice
Which of the following is expected to occur in multiple regression analysis if an important variable is omitted from the list of independent variables?
A) It will lead to unbiased least squares estimators.
B) It will lead to biased least squares estimators.
C) It will lead to biased estimators of the variance.
D) It will lead to multicollinearity between predictor variables.
Correct Answer:

Verified
Correct Answer:
Verified
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