Phoebe gathers data and estimates many di¤erent regression models. All of them suggest that children who have more books at home have fewer cavities. Phoebe doesn’t think this result is important because: a.) There is clearly selection bias, kids who have lots of books at come from higher income and better educated families. b.) The data on cavities is certainly heteroskedastic c.) Phoebe only used ordinary least squares in her model, should have used weighted least squares d.) Phoebe didn’t use a high enough con…dence level

Linear Algebra: A Modern Introduction
4th Edition
ISBN:9781285463247
Author:David Poole
Publisher:David Poole
Chapter7: Distance And Approximation
Section7.3: Least Squares Approximation
Problem 31EQ
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Phoebe gathers data and estimates many di¤erent regression models. All of them suggest that children who have more books at home have fewer cavities. Phoebe doesn’t think this result is important because:

a.) There is clearly selection bias, kids who have lots of books at come from higher income and better educated families.
b.) The data on cavities is certainly heteroskedastic
c.) Phoebe only used ordinary least squares in her model, should have used weighted least squares
d.) Phoebe didn’t use a high enough con…dence level

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