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lana66690 [7]
3 years ago
15

An omitted variable is a variable that: 1. is purposely left out as it does not aid an economic analysis. 2. is removed from a s

tudy as it can lead to the problem of reverse causality. 3. does not cause other variables in a study to change when it changes. 4. has been left out, and if included, would explain why the variables considered in a study are correlated.
Business
1 answer:
Romashka-Z-Leto [24]3 years ago
4 0

Answer:

The correct answer is 4

Explanation:

OVB stands for the Omitted Variable bias, is the term which is defined as the any variable which is not involves or included as the independent variable in the regression, which could influence or impact the variable that is dependent.

From the above options, the omitted variable is the variable which is defined as the which has been left out, if involves, will state the reason why the variable will be considered in the study are correlated to each other.

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Answer:

Conflicting personalities

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3 years ago
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On January 1, 2018, Race Corp. acquired 80% of the voting common stock of Gallow Inc. During the year, Race sold to Gallow for $
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Answer:

net income attributable to the non controlling interest is $40800

Explanation:

Given data

Race sold = $450000

cost = $330000

owned = 15%

net income = $204000

Race net income = $806000

to find out

net income attributable to the non controlling interest

solution

we find the non controlling interest

so we apply formula for non controlling interest that is

non controlling interest of income = net income × (100%  - 80%)

put here value of net income

non controlling interest of income = net income × (20%)

non controlling interest of income = 204000 × (20%)

non controlling interest of income = 40800

so net income attributable to the non controlling interest is $40800

8 0
3 years ago
As a business owner, you're responsible for making the decisions that pertain to the profitability of your business. This decisi
kobusy [5.1K]

Answer: Independence

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As a business owner, one thinks and acts based on one's personal volition of what is best for his or her business without having to sit and discuss with a group of individual's who may habiur different perceptions or scope. This freedom is usually enjoyed by small business owners rather than large groups of companies or corporations.

7 0
3 years ago
What is included in a speaking outline that is not included in a working outline?
aivan3 [116]
Idk never heard of this before
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Every 6 months, Leo Perez takes an inventory of the consumer debts he has outstanding. His latest tally shows that he still owes
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Answer:

The answer is "87%".

Explanation:

Please find the attached file.

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