What Is Omitted Variable Bias?

Omitted variable bias is a type of selection bias that occurs in regression analysis when we don’t include the right controls.

---------------------------------------------------------------

Subscribe for new videos every Tuesday! http://bit.ly/1Rib5V8

Dictionary of Economics Course: http://bit.ly/2w0wxNj

Additional practice questions: http://bit.ly/2PoA4Nn

Ask a question about the video: http://bit.ly/2MGASPj

Help translate this video: http://bit.ly/2w86pjN

Видео What Is Omitted Variable Bias? канала Marginal Revolution University