Multiple Choice
If you had to either include an irrelevant variable or omit a relevant variable,you would prefer
A) including an irrelevant variable over omitting a relevant variable because omitting a relevant variable leads to biased estimates.
B) including an irrelevant variable over omitting a relevant variable because omitting a relevant variable leads to the standard errors to increase.
C) omitting a relevant variable over including an irrelevant variable because omitting a variable does not affect the estimated coefficients.
D) omitting a relevant variable over including an irrelevant variable because including an irrelevant variable does not lead to biased estimates.
Correct Answer:

Verified
Correct Answer:
Verified
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