📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!

    âš¡ Month End Offer - Flat 52% Off On All Courses! Enroll Now âš¡
    00:00:00 AM Left

    Question

    Which of the following is true about

    Omission(Overfitted) and Inclusion(Underfitted) type of the specification error
    A In Omission and Inclusion, the estimates are biased Correct Answer Incorrect Answer
    B Omission leads to inconsistent estimates whereas in Inclusion estimates are consistent Correct Answer Incorrect Answer
    C The variance of estimates in Omission is biased whereas in Inclusion it is unbiased Correct Answer Incorrect Answer
    D Both (b) and (c) Correct Answer Incorrect Answer

    Solution

    The estimate is Omission is biased where it is unbiased in Inclusion Both (b) & (c) are correct.

    Practice Next
    More Research Questions
    ask-question