In using Leamer's sensitivity analysis, Levine and Renelt are trying to deal with what weakness(es) in statistical analysis?

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Quizplus · Accepted Answer

Leamer's sensitivity analysis is a method used to assess the robustness of statistical results to changes in model specification, including the inclusion or exclusion of variables and changes in functional form. This helps to deal with the weakness of omitted variables bias and multicollinearity.

In Using Leamer's Sensitivity Analysis, Levine and Renelt Are Trying