Economy, asked by nurdhiyaemylia, 6 months ago

what is term of specification bias

Answers

Answered by TheEmeraldGirl
1

Explanation:

Specification bias arises when a potential independent variable - which is related to both the dependent variable and an included independent variable - is omitted from the model. The result is a biased estimate of the coefficient of the included variable (which is forced to play a double role).

Answered by anshika1802
5

Answer:

Hello mate

Explanation:

Specification bias arises when a potential independent variable - which is related to both the dependent variable and an included independent variable - is omitted from the model. The result is a biased estimate of the coefficient of the included variable (which is forced to play a double role).

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