(i) If our dependent variable y* is measured with error such that the data we observe...
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(i) If our dependent variable y* is measured with error such that the data we observe is y where y = y* + e and where e is the measurement error, what do we require in order to ensure that we do not get a biased estimate of 3 in the model y* = Bo + Bx + u? What is the expected effect of the measurement error on our standard errors? (i) If our dependent variable y* is measured with error such that the data we observe is y where y = y* + e and where e is the measurement error, what do we require in order to ensure that we do not get a biased estimate of 3 in the model y* = Bo + Bx + u? What is the expected effect of the measurement error on our standard errors?
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To ensure that we do not get a biased estimate of 31 in the model y Bo 31x u when our dependent vari... View the full answer
Related Book For
Essentials Of Organizational Behavior Bridging Science And Practice
ISBN: 9781453339244
1st Edition
Authors: Talya Bauer, Berrin Erdogan
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