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.

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Definitions:

Adrenaline

A hormone and neurotransmitter produced by the adrenal glands that increases heart rate, contracts blood vessels, dilates air passages, and participates in the fight-or-flight response.

Blood Supply

pertains to the provision and circulation of blood throughout the body by the heart and blood vessels.

Compliance-gaining Strategy

Techniques or tactics used to persuade or influence others to agree with or follow a request, command, or rule.

Assertive

Able to pursue one’s own best interests without denying a partner’s rights.