Suppose the Variable X₂ Has Been Omitted from the Following

question 10

Multiple Choice

Suppose the variable x₂ has been omitted from the following regression equation, . is the estimator obtained when x₂ is omitted from the equation.If E( ) >β₁, is said to _____.

• A)have an upward bias
• B)have a downward bias
• C)be unbiased
• D)be biased toward zero

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Stock Subscription Agreement

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Watered Stock

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