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Other Fields Homework Help Economics Topic started by: Tidy on Jun 20, 2015



Title: What is the "omitted variable" problem in determining cause and effect?
Post by: Tidy on Jun 20, 2015
What is the "omitted variable" problem in determining cause and effect?
A) It is a problem that arises when an insignificant variable is given too much weight in an economic analysis leading to skewed conclusions about cause and effect.
B) It is a problem that arises when a significant variable is not given enough weight in an economic experiment leading to skewed conclusions about cause and effect.
C) It is a problem that arises when an insignificant economic variable that should have been omitted is included in an economic experiment leading to false conclusions about cause and effect.
D) It is a problem that arises when an economic variable that affects other variables is omitted from an analysis and its omission leads to false conclusions about cause and effect.


Title: Re: What is the "omitted variable" problem in determining cause and effect?
Post by: Dropx on Aug 18, 2015
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Title: Re: What is the "omitted variable" problem in determining cause and effect?
Post by: Dropx on Aug 31, 2015
Happy to help, let me know if you have any more requests.