Please Explain How Non-Compliance Could Lead to a Problem of Endogeneity

question 16

Essay

Please explain how non-compliance could lead to a problem of endogeneity, and explain how ITT can be used to deal with the problem.

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Definitions:

Average Time

The mean value calculated by dividing the sum of all time intervals by the number of intervals.

Hold Times

The duration an entity (such as a caller in a queue or a product within a process) waits before the next action in a sequence is taken.

Test Statistic

A value calculated from sample data used to decide whether to reject the null hypothesis in statistical hypothesis testing.

Average Monthly Cost

The mean expenditure incurred per month over a specified period, often used for budgeting and planning purposes.