Which of the Following Will Lead to the Least Squares

question 68

Multiple Choice

Which of the following will lead to the least squares estimates being biased?

• A)exclusion of a relevant variable
• B)heteroscedasticity
• C)autocorrelated error terms
• D)multicollinearity

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Definitions:

Ethical Climates

The collective perception of what is morally right or wrong within an organization, influencing ethical decision-making and behavior.

Moral Dilemmas

are situations in which a decision must be made between two or more conflicting moral principles, leaving the decision-maker in a state of ethical uncertainty.

Organizations

Entities (such as businesses, governments, or charities) structured and managed to meet a collective goal or to provide a service to the community.

Social Person

An individual regarded in terms of their relationships and interactions within society, emphasizing the importance of social connections and behaviors.