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.
B.No, because the model’s coefficient estimates will be unbiased.
C.No, because the model’s coefficient estimates will be consistent.
解释:
A is correct.
Chang is correct because a correlated omitted variable will result in biased and inconsistent parameter estimates and inconsistent standard errors.
您好,我听何老师讲到omit important variables这里强调过,会导致系数估计和标准误都是unreliable,但是没有提到consistency的内容。请问这里consistency也会受影响是怎么理解呀?谢谢。