Author Question: Sample selection bias A) occurs when a selection process influences the availability of data and ... (Read 180 times)

evelyn o bentley

  • Hero Member
  • *****
  • Posts: 564
Sample selection bias
 
  A) occurs when a selection process influences the availability of data and that process is related to the dependent variable.
  B) is only important for finite sample results.
  C) results in the OLS estimator being biased, although it is still consistent.
  D) is more important for nonlinear least squares estimation than for OLS.

Question 2

Omitted variable bias
 
  A) will always be present as long as the regression R2 < 1.
  B) is always there but is negligible in almost all economic examples.
  C) exists if the omitted variable is correlated with the included regressor but is not a determinant of the dependent variable.
  D) exists if the omitted variable is correlated with the included regressor and is a determinant of the dependent variable.



lgoldst9

  • Sr. Member
  • ****
  • Posts: 372
Answer to Question 1

Answer: A

Answer to Question 2

Answer: D



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Cyanide works by making the human body unable to use oxygen.

Did you know?

Hippocrates noted that blood separates into four differently colored liquids when removed from the body and examined: a pure red liquid mixed with white liquid material with a yellow-colored froth at the top and a black substance that settles underneath; he named these the four humors (for blood, phlegm, yellow bile, and black bile).

Did you know?

On average, someone in the United States has a stroke about every 40 seconds. This is about 795,000 people per year.

Did you know?

Asthma-like symptoms were first recorded about 3,500 years ago in Egypt. The first manuscript specifically written about asthma was in the year 1190, describing a condition characterized by sudden breathlessness. The treatments listed in this manuscript include chicken soup, herbs, and sexual abstinence.

Did you know?

Thyroid conditions cause a higher risk of fibromyalgia and chronic fatigue syndrome.

For a complete list of videos, visit our video library