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Suppose you are trying to estimate the following regression: Yi = β0 + β1X1i + β2X2i + β3X3i + Ui, with an instrument for Zi for X2i. All of the following variables will be included (on the right- and left-hand side of this regression) in the second stage of two-stage least squares except for which one?
Contingency Table
A data table that shows the frequency distribution of the variables in a matrix format, useful for statistical analysis like chi-square tests.
Qualitative Variables
Variables that categorize or describe attributes or properties without a natural numerical scale or order.
Contingency Tables
A type of table in a matrix format that displays the frequency distribution of the variables, useful in statistics to analyze the relationship between two or more categorical variables.
Independence
A concept in probability and statistics where two events are said to be independent if the occurrence of one does not affect the probability of occurrence of the other.
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