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- Omitted-variable_bias abstract "In statistics, omitted-variable bias (OVB) occurs when a model is created which incorrectly leaves out one or more important causal factors. The "bias" is created when the model compensates for the missing factor by over- or underestimating the effect of one of the other factors.More specifically, OVB is the bias that appears in the estimates of parameters in a regression analysis, when the assumed specification is incorrect in that it omits an independent variable that is correlated with both the dependent variable and one or more included independent variables.".
- Omitted-variable_bias wikiPageExternalLink chap18.htm.
- Omitted-variable_bias wikiPageID "1528061".
- Omitted-variable_bias wikiPageRevisionID "602325822".
- Omitted-variable_bias hasPhotoCollection Omitted-variable_bias.
- Omitted-variable_bias subject Category:Bias.
- Omitted-variable_bias subject Category:Regression_analysis.
- Omitted-variable_bias comment "In statistics, omitted-variable bias (OVB) occurs when a model is created which incorrectly leaves out one or more important causal factors.".
- Omitted-variable_bias label "Omitted-variable bias".
- Omitted-variable_bias sameAs m.0586bq.
- Omitted-variable_bias sameAs Q3274486.
- Omitted-variable_bias sameAs Q3274486.
- Omitted-variable_bias wasDerivedFrom Omitted-variable_bias?oldid=602325822.
- Omitted-variable_bias isPrimaryTopicOf Omitted-variable_bias.