(Solution Library) Most of Chapter 6 is concerned with Omitted variable bias What exactly exactly is Omitted Variable Bias? What is known to cause this
Question: Most of Chapter 6 is concerned with Omitted variable bias
- What exactly exactly is Omitted Variable Bias?
- What is known to cause this bias?
- Are unbiased estimates always better than biased estimates? Why or why not?
- What's the best way to avoid this bias?
Deliverable: Word Document 
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