Question 7 Under which situation(s) the OLS estimator of the linear regression model will be biased in general? D B Ther
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Question 7 Under which situation(s) the OLS estimator of the linear regression model will be biased in general? D B Ther
Question 7 Under which situation(s) the OLS estimator of the linear regression model will be biased in general? D B There is a measurement error in the dependent variable, and the measurement error is not correlated with the regressors. Relevant explanatory variables are omitted. There is a measurement error in the dependent variable, and the measurement error is correlated with the regressors. The disturbance term is heteroskedastic. Redundant regressors are included in the model.