Removing an Independent Variable That Is Highly Correlated with One

question 131

True/False

Removing an independent variable that is highly correlated with one or more other independent variables will increase the variance of the coefficient estimate.

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Definitions:

American Bar Association

The American Bar Association is a voluntary bar association of lawyers and law students which is not specific to any jurisdiction in the United States and is involved in setting academic standards for law schools and formulating ethical codes in the legal profession.

Habeas Corpus

A legal principle that allows individuals to challenge unlawful detention, requiring a court to review the legality of the detention.

Federal Writ

A legal order issued by a federal court or a judge.

State Remedies

Legal means available within individual states to redress grievances or disputes, including both administrative and judicial resolutions.