ECONOMETRICS | Omitted Variable Bias | Example | 1

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  • เผยแพร่เมื่อ 20 ม.ค. 2025

ความคิดเห็น • 9

  • @Mcg0rk
    @Mcg0rk 3 ปีที่แล้ว +16

    you explained something that my professor struggled to explain in a 3h lecture. You're are hero!

  • @musicalhe6911
    @musicalhe6911 3 ปีที่แล้ว +1

    you explain things so well, much better than my professors. You delivered what I needed to know in 3 minutes when they take a whole lecture. Thank you so much

  • @AI_Masterpiece_
    @AI_Masterpiece_ 2 ปีที่แล้ว

    Legend. Super intuitively explained. Thanks dude!

  • @alonaverbuch8770
    @alonaverbuch8770 2 ปีที่แล้ว

    thats amazing how simple you made it sound. thank you so much

  • @emptyxnes
    @emptyxnes 2 ปีที่แล้ว +1

    best explanation. Question. in model 1, the constant P is insignificant, is that a sign that an ovb exist? Once education is added in model 2, the the p-value for the constant becomes significant.

  • @문희야
    @문희야 3 ปีที่แล้ว +1

    Is there a case when a non significant variable should not be omitted to avoid being biased ? Would your example be possible and still accurate if education was non significant ? Thank your for the great and useful content !!!!

  • @saidagulomova1919
    @saidagulomova1919 3 ปีที่แล้ว

    Very clearly explained thanks 👍🏻

  • @popi20101
    @popi20101 4 ปีที่แล้ว

    So the OVB is differences between height coefficient before and after including educ variable?

    • @abdourahimbenmoussa
      @abdourahimbenmoussa 4 ปีที่แล้ว

      No. You have a ovb, when the missing variable correlates with the dependent and independent variable at the same time.