Logo
Home Study Material Contact Search
AI Chat FREE
  1. mathematics
  2. statistics
  3. what are the other names that omitted variable bia

What are the other names that omitted variable bias is called?

60.1K

Verified Solution

Question

Statistics

What are the other names that omitted variable bias iscalled?

Answer & Explanation Solved by verified expert
3.6 Ratings (524 Votes)
Omitted variable bias occurs when a regression model leaves out relevant independent variables which are known as confounding variables This condition forces the model to attribute the    See Answer
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

What is the difference between primary ecological succession and secondary ecological succession?

Biology
Q

There should be a half-line difference between odd and even fields in a TV system using...

Physics
Q

What are the differences between cognitive therapy and behavioral therapy? Why is it important for counselors...

Psychology
Q

TYPE with KEYBOARD, please What is the purpose of Conservation of linear momentum experiment? And what is the...

Physics
Q

Define a target type/usage environment where millimeter-wave radar, infrared (IR), hyperspectral, laser radar (LIDAR) sensors will provide...

Electrical Engineering
Q

The figure shows a pendulum of length L = 2.6 m. Its bob (which effectively has...

Physics
Q

Attempt All 35 questions Find the height from Earth s surface where gravitational field is...

Physics
Q

A manufacturer producing a new product, estimates the annual sales to be 9,200 units. Each...

Basic Math
Q

what is the purpose of using the custom report builder in qb online advanced

Accounting
Q

A.i In the majority of Manufacturing companies material cost constitutes the largest component of Production...

Accounting
Q

need help walking through the problem i worked through it just dont understand ...

Accounting
Q

Green Acres Co. has elected to use the dollar-value LIFO retail method to value its...

Accounting