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An econometrician determines the right set of controlvariables: A. by adding all variables that you have collected data for. B. so that E ( ui
An econometrician determines the right set of controlvariables:
A.
by adding all variables that you have collected data for.
B.
so that E(ui Xi, Wi) = E(ui Wi) where Xi is(are) thevariable(s) of interest and Xi is(are) the controlvariable(s).
C.
so that E(ui Xi, Wi) = E(ui Wi) where Xi is(are) thevariable(s) of interest and Wi is(are) the controlvariable(s).
D.
by adding variables until the R2 does not increase any more.
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