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Author Question: Explain what is meant by specification bias. What effects does specification bias have on the ... (Read 86 times)

codyclark

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on: Jun 24, 2018
Explain what is meant by specification bias. What effects does specification bias have on the results of a regression?
 
  What will be an ideal response?

Question 2

What is the early finish time for Activity I?
 
  A) 76
  B) 68
  C) 84
  D) 106


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izzat

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Reply #1 on: Jun 24, 2018
Answer to Question 1

Specification bias refers to including irrelevant variables, omitting relevant variables, or using improper functional form. This may lead to improper applications and interpretations of hypothesis tests.

Answer to Question 2

C


codyclark

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Reply 2 on: Jun 24, 2018
Great answer, keep it coming :)

nyrave

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Reply 3 on: Yesterday
Excellent

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