Question
In a regression, if an important explanatory variable is
omitted, it can lead to:Solution
Omitted variable bias occurs when a variable that is correlated with both the included regressor(s) and the dependent variable is left out of the model. This causes the error term to be correlated with the regressor, biasing the OLS estimates.
'Shock-absorbers are usually made of steel as it –
What is the rate of change of momentum called?
A car increases its speed from 20 m/s to 60 m/s in 8 seconds. Find its acceleration. Â
Which of the following materials is most suitable for marking electromagnetic and core of transformer?
A wire loop in the shape of a square of side a carries a current I. If an infinitely long straight wire carrying the same current passes through the cen...
Hyperrnetropia or longsight can be corrected by using :
The dimension of which of the following is the same as that of impulse?
Which of the following is the ultimate source of energy?
What is the formula for density? Â
The charge of an electron is approximately: