Which of the Following Is True

question 1

Multiple Choice

Which of the following is true?

• A)A functional form misspecification can occur if the level of a variable is used when the logarithm is more appropriate.
• B)A functional form misspecification occurs only if a key variable is uncorrelated with the error term.
• C)A functional form misspecification does not lead to biasedness in the ordinary least squares estimators.
• D)A functional form misspecification does not lead to inconsistency in the ordinary least squares estimators.

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Definitions:

Successive Generations

Consecutive sequences of offspring or iterations emerging one after another, often used in the context of plant, animal, or technological reproduction and development.

X-Rays

A form of electromagnetic radiation with a wavelength ranging from 0.01 to 10 nanometers, capable of penetrating various materials and used in medical imaging and materials analysis.

Mutations

Changes in the DNA sequence of an organism's genome, which can lead to diversity within species but also cause diseases.

DNA

Deoxyribonucleic acid, a molecule that carries the genetic instructions used in the growth, development, functioning, and reproduction of all known living organisms.