A Proxy Variable _____

question 3

Multiple Choice

A proxy variable _____.

• A)increases the error variance of a regression model
• B)cannot contain binary information
• C)is used when data on a key independent variable is unavailable
• D)is detected by running the Davidson-MacKinnon test

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Definitions:

Welfare Policy

A set of government strategies aimed at providing assistance to individuals and families in need, to ensure a basic standard of living.

Apartheid

A social policy or structure of segregation and economic and political discrimination against non-European groups in South Africa.

Black Workers

Individuals of African descent who are part of the workforce, highlighting their experiences, challenges, and contributions within labor markets.

Non-Hispanic White

A demographic category used in the United States to describe people who are not of Hispanic or Latino origin and who identify as having origins in any of the original peoples of Europe, the Middle East, or North Africa.