A Typical Remedy for Perfect Multicollinearity Amongst Control Variables Is

question 15

Multiple Choice

A typical remedy for perfect multicollinearity amongst control variables is to:

• A) use an instrumental variable.
• B) use the within estimator.
• C) drop one of the control variables that is exactly linear with other control variables.
• D) use the t-test.

---

Definitions:

Spousal Privilege

A legal right that protects spouses from being forced to testify against each other in court.

Present Sense Impression

A legal term referring to an exception to the hearsay rule, allowing a statement describing or explaining an event or condition made while the declarant was perceiving the event or condition, or immediately thereafter, to be admissible as evidence.

Excited Utterance

A statement made spontaneously and without reflection in the excitement of the moment, considered an exception to the hearsay rule in legal proceedings.

Friendly To

Approachable or welcoming towards others, often used to describe environments or technologies that are user-friendly.