Your textbook only analyzed the case of an error-in-variables bias of the type i= Xi + wi.What if the error were generated in the simple regression model by entering data that always contained the same typographical error,say i= Xi + a or i= bXi,where a and b are constants.What effect would this have on your regression model?

Question

Your textbook only analyzed the case of an error-in-variables bias of the type  i= Xi + wi.What if the error were generated in the simple regression model by entering data that always contained the same typographical error,say  i= Xi + a or  i= bXi,where a and b are constants.What effect would this have on your regression model?

Quizplus · Accepted Answer

The Answer of Your textbook only analyzed the case of an error-in-variables bias of the type  i= Xi + wi.What if the error were generated in the simple regression model by entering data that always contained the same typographical error,say  i= Xi + a or  i= bXi,where a and b are constants.What effect would this have on your regression model?

Your Textbook Only Analyzed the Case of an Error-In-Variables Bias