Chat with AI
Introduction to Econometrics 3rd Edition by James Stock, Mark Watson
Edition 3ISBN: 978-9352863501Introduction to Econometrics 3rd Edition by James Stock, Mark Watson
Edition 3ISBN: 978-9352863501 Exercise 4
Are the following statements true or false Explain your answer.
a. "An ordinary least squares regression of Y onto X will be internally inconsistent if X is correlated with the error term."
b. "Each of the five primary threats to internal validity implies that X is correlated with the error term."
a. "An ordinary least squares regression of Y onto X will be internally inconsistent if X is correlated with the error term."
b. "Each of the five primary threats to internal validity implies that X is correlated with the error term."
Explanation
Verified
Verified
a) In order to be consistent the X indep...
Introduction to Econometrics 3rd Edition by James Stock, Mark Watson
Why don’t you like this exercise?
Other Minimum 8 character and maximum 255 character
Character 255
