The OLS Estimators of the Coefficients in Multiple Regression Will $Y _ { i }$

question 18

Short Answer

The OLS estimators of the coefficients in multiple regression will have omitted variable bias a. only if an omitted determinant of $Y _ { i }$ is a continuous variable.
b. if an omitted variable is correlated with at least one of the regressors, even though it is not a determinant of the dependent variable.
c. only if the omitted variable is not normally distributed.
d. if an omitted determinant of $Y _ { i }$ is correlated with at least one of the regressors.

---

Definitions:

Agent

An individual or entity authorized to act on behalf of another.

Written Agreement

A contract or agreement put in written form and typically signed by all parties involved.

Independent Contractor

An individual or entity contracted to perform work for another entity as a non-employee, under specific terms.

Unusually Hazardous

Activities or conditions that carry an exceptionally high risk of causing harm or damage.