Question
What is the term used when explanatory variable
is correlated with the error term?Solution
Endogeneity occurs when a predictor variable (x) in a regression model is correlated with the error term (e) in the model. This can occur under a variety of conditions, but two cases are especially common in inequality research: (1) when important variables are omitted from the model (called “omitted variable bias”) and (2) when the outcome variable is a predictor of x and not simply a response to x (called “simultaneity bias”)
Statements:
P = G > Q = C > B; J < Z ≤ C
Conclusions:
I. Q > Z
II. B ˃ J
How many such pairs of letter are there in the word TELEPHONE, each of which has as many letters between them in the word as in the English alphabet?
In the question, assuming the given statements to be true, find which of the conclusion (s) among given three conclusions is/are definitely true and th...
Statements: E > G < H > F = I ≥ J > K ≥ D
Conclusion
I: J < H
II: I > D
Statements:Â J # K # L $ T & A % B % C
Conclusions :         I. A @ C                 II. A & C          �...
In this question, there are three statements showing the relation followed by three conclusions i, ii and iii. Assuming the statements as true, decide w...
- Statements: P > Q ≥ R < S; T ≤ R > U ≥ V
Conclusions:
I. S > V
II. U < P
III. Q > T In the question, assuming the given statements to be true, find which of the conclusion (s) among given two conclusions is/are definitely true and then...
In the question, assuming the given statements to be true, find which of the conclusion (s) among given two conclusions is/are definitely true and then ...
Statements: U < P = I ≤ V < T ≤ R = W > H = Z > O
Conclusions:
I. U < W
II. R > O
