Omitted-variable bias
id:
omitted-variable-bias-198-12600349
title:
Omitted-variable bias
text:
In statistics, omitted-variable bias (OVB) occurs when a statistical model leaves out one or more relevant variables. The bias results in the model attributing the effect of the missing variables to those that were included. 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 a determinant of the dependent variable and correlated with one or more of th
brand slug:
wiki
category slug:
encyclopedia
description:
Type of statistical bias
original url:
https://en.wikipedia.org/wiki/Omitted-variable_bias
date created:
date modified:
2023-11-09T12:48:01Z
main entity:
{"identifier":"Q3274486","url":"https://www.wikidata.org/entity/Q3274486"}
image:
fields total:
13
integrity:
14