问题如下:
If an omitted variable is correlated with variables already included in the model, coefficient estimates will be biased and inconsistent and standard errors will also be inconsistent.Is this Statement correct?
选项:
A.Yes
No, because the model’s coefficient estimates will be
unbiased.
No, because the model’s coefficient estimates will be consistent.
解释:
The statement is correct because a correlated omitted
variable will result in biased and inconsistent parameter estimates and inconsistent
standard errors.
题目中没有提及omitted variables is important,如果该变量加回导致多重共线性,反而会导致模型估计不准确。并且题目中说omitted variable 说明这个变量已经被剔除了,如果前提假设已经发现模型有多重共线性,通过去除相关变量,模型优化才对。所以觉得题目没有说清楚