Question 6 (3 points) Which of the following statements regarding the non-linear patterns common violation is TRUE? It results in biased standard errors. 4 It is detected by finding a statistically significant correlation between the independent variables. It can be resolved or fixed by not omitting important variables. It occurs when we include irrelevant variables in the model. It occurs when we have a correlation of greater than 0.8 or less than -0.8 between two of the independent variables. It can result in relevant independent variables showing up as statistically insignificant