Which of the Following Is Expected to Occur in Multiple

question 114

Multiple Choice

Which of the following is expected to occur in multiple regression analysis if an important variable is omitted from the list of independent variables?

• A)It will lead to unbiased least squares estimators.
• B)It will lead to biased least squares estimators.
• C)It will lead to biased estimators of the variance.
• D)It will lead to multicollinearity between predictor variables.

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Definitions:

Point Method

A systematic approach used in job evaluation to quantify the value of a job by assigning points based on various factors like skill, effort, and responsibility.

Factor Overlaps

Situations where different elements or variables in a study or analysis share common characteristics, leading to redundancy or confusion.

Gender Bias

Prejudice or discrimination based on someone's gender, often favoring one gender over another.

Living Wage

The minimum income necessary for a worker to meet their basic needs, including housing, food, healthcare, and education.