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Author Question: In the Heckman model, if the selection model and the prediction model are estimated separately, the ... (Read 117 times)

Pineapplelove6

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on: Jun 29, 2018
In the Heckman model, if the selection model and the prediction model are estimated separately, the two errors remain uncorrelated, and selection bias is automatically controlled for.
 
 Indicate whether the statement is true or false

Question 2

All of the following are examples of interdependence methods of analysis EXCEPT _____.
 a. factor analysis
  b. cluster analysis
  c. multidimensional scaling
  d. conjoint analysis


Pswine

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Reply #1 on: Jun 29, 2018
Answer to Question 1

F
The error terms remain uncorrelated, which means that the selection biases also remain.

Answer to Question 2

D


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