A Possible Solution to Errors-In-Variables Bias Is to

question 13

Multiple Choice

A possible solution to errors-in-variables bias is to

• A)use log-log specifications.
• B)choose different functional forms.
• C)use the square root of that variable since the error becomes smaller.
• D)mitigate the problem through instrumental variables regression.

---

Definitions:

Parasympathetic System

A division of the autonomic nervous system responsible for stimulating "rest-and-digest" or "feed-and-breed" activities that occur when the body is at rest.

Peripheral Nervous System

Part of the nervous system outside the brain and spinal cord, responsible for connecting the central nervous system to limbs and organs.

Somatic Division

The segment of the nervous system that controls voluntary movements and transmits sensory information to the central nervous system.

Autonomic Divisions

Refers to the two main branches of the autonomic nervous system: the sympathetic and parasympathetic divisions, which regulate involuntary body functions.