4. Under what conditions will omitting a relevant independent (predictor) variab

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4. Under what conditions will omitting a relevant independent (predictor) variable not result in biased ˆ parameter estimates? a. If the omitted variable is related to the dependent variable b. If the omitted variable is not related to the other independent variable(s) c. If the omitted variable is related to the dependent variable and the other independent variable(s) d. If the omitted variable is positively correlated with the dependent variable and negatively correlated with the other independent variable(s), or vice versa. e. None of these / cannot say

Explanation / Answer

Under what conditions will omitting a relevant independent (predictor) variable not result in biased ˆ parameter estimates?

Answer ; If the omitted variable is positively correlated with the dependent variable and negatively correlated with the other independent variable(s), or vice versa.

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