Solved

At a Mathematical Level, If the Two Conditions for Omitted

Question 43

Multiple Choice

At a mathematical level, if the two conditions for omitted variable bias are satisfied, then


A) E(ui | X1i, X2i,..., Xki) ? 0.
B) there is perfect multicollinearity.
C) large outliers are likely: X1i, X2i,..., Xki and Yi and have infinite fourth moments.
D) (X1i, X2i,..., Xki,Yi) , i = 1,..., n are not i.i.d. draws from their joint distribution.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions