Suppose that you estimate support for populism (populism) using the probabil- ity that an individual's occupation is offshorable (offshore). Your original model is: populismi You are limited, however, by the availability of data and, thus, you know that your model is biased. In this sense, a more accurate model would be, for example: = Bo + Bioffshore; + ui =- populismi Answer the following questions: Bo + Bioffshore; + Bideology; + Ui 1. Using both models, fully develop the components of the bias that you would observed when estimating your original model. Show all your work. (5%) 2. Show the full range of values that the bias could take in your original model. Justify your answer in as much detail as possible. (5%)