What are the other names that omitted variable bias is
called?
60.1K
Verified Solution
Link Copied!
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!