The OLS Estimators of the Coefficients in Multiple Regression Will

question 47

Multiple Choice

The OLS estimators of the coefficients in multiple regression will have omitted variable bias

• A)only if an omitted determinant of Yi is a continuous variable.
• B)if an omitted variable is correlated with at least one of the regressors,even though it is not a determinant of the dependent variable.
• C)only if the omitted variable is not normally distributed.
• D)if an omitted determinant of Yi is correlated with at least one of the regressors.

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Definitions:

Respiratory Alkalosis

A condition resulting from a decrease in the partial pressure of carbon dioxide due to hyperventilation, leading to a pH imbalance.

Hyperventilation

Rapid or deep breathing that exceeds the body's need for oxygen, often resulting in dizziness.

Water Intake

The process of consuming water to maintain hydration, essential for bodily functions and overall health.

Cellular Metabolism

Cellular metabolism refers to the set of chemical reactions that occur within cells to maintain life, involving the conversion of nutrients into energy and cellular building blocks.