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    Introductory Econometrics Study Set 1
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    Exam 14: Advanced Panel Data Methods
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    In a Random Effects Model, We Assume That the Unobserved
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In a Random Effects Model, We Assume That the Unobserved

Question 4

Question 4

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In a random effects model, we assume that the unobserved effect is correlated with each explanatory variable.

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