Which of the following can cause OLS (ordinary least squares) estimators to be biased? a) Heterosked


Question: Which of the following can cause OLS (ordinary least squares) estimators to be biased?

a) Heteroskedasticity.

b) Omitting an important variable.

c) A sample correlation coefficient of .95 between two independent variables both included in the model.

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Answer: The solution consists of 1 page
Deliverables: Word Document

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