• 2022-05-28
    allows the effect of changing one of the binary independent variables to depend on the value of the other binary variable.
    A: occurs when a selection process influences the availability of data and that process is related to the dependent variable.
    B: is only important for finite sample results.
    C: results in the OLS estimator being biased, although it is still consistent.
    D: is more important for nonlinear least squares estimation than for OL