Examlex
Which of the following will cause Ordinary Least Square (OLS) estimates of a simple regression model, y = +
x + u to be biased?
Customer Acquisition
The process of bringing new customers to a business through various marketing strategies and efforts.
Profitability
The ability of a business to earn a profit, which occurs when revenues exceed the costs and expenses involved in operating the business.
New Customers
Individuals or organizations that have recently started purchasing goods or services from a business, expanding the business's client base.
Profitability Metrics
Financial measures used to assess a company's ability to generate profit relative to its revenue, assets, or equity.
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