A measurement error occurs in a regression model when _____.
A) the observed value of a variable used in the model differs from its actual value
B) the dependent variable is binary
C) the partial effect of an independent variable depends on unobserved factors
D) the model includes more than two independent variables
Correct Answer:
Verified
Q1: How many new variables should be created
Q2: The classical errors-in-variables (CEV) assumption is that
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Q5: Which of the following types of sampling
Q6: An explanatory variable is called exogenous if
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Q10: Which of the following is a drawback
Q11: A proxy variable _.
A)increases the error variance
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