shey6952 shey6952

27-05-2023
Mathematics

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1) Which of the following can cause OLS estimators to be biased? Which of the following do not cause the usual OLS t statistics to be invalid (that is, to have t distributions under H0)? (6 points)
 Omitting an important independent variable
 Multicollinearity
 Heteroskedasticity
 Including irrelevant variable
 The error term non-normally distributed

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