In the Case of Errors-In-Variables Bias, the Precise Size and Direction

question 36

Multiple Choice

In the case of errors-in-variables bias, the precise size and direction of the bias depend on

• A)the sample size in general.
• B)the correlation between the measured variable and the measurement error.
• C)the size of the regression R².
• D)whether the good in question is price elastic.

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