question archive You are trying to determine whether participating in social activities (measured by the number of hours per week), such as volunteering, etc
You are trying to determine whether participating in social activities (measured by the number of hours per week), such as volunteering, etc
Subject:EconomicsPrice: Bought3
You are trying to determine whether participating in social activities (measured by the number of hours per week), such as volunteering, etc., reduces depression (measured by the number of sad days per month). But you forgot to control for the number of chronic health conditions, such as, cancer, heart diseases, arthritis, etc. That is, number of health conditions is part of the error term. Would you expect coefficient for volunteering to be biased? Discuss directionality of Bias. You must show your work. Depression_i=B0+B1*Volunteering_i+ε_i.
