omitted variable
collocation in Englishmeaningsofomitandvariable
These words are often used together. Click on the links below to explore the meanings. Or,see other collocations withvariable.
omit
verb[T]
uk/əʊˈmɪt/us/oʊˈmɪt/
to fail to include or ...
See more atomit
variable
noun[C]
uk/ˈveə.ri.ə.bəl/us/ˈver.i.ə.bəl/
a number, amount, or situation that ...
See more atvariable
(Definition ofomitandvariablefrom theCambridge English Dictionary© Cambridge University Press)
Examplesofomitted variable
These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.
Omittedvariablebias is thus a major potential problem.
From theCambridge English Corpus
Another reason for 'overspecifying' models is to avoid an 'omittedvariablebias'.
From theCambridge English Corpus
Either the correlation was a coincidence, or perhaps both variables were caused by some common trend or perhaps by anomittedvariable.
From theCambridge English Corpus
In most respects the two approaches (parsimony or avoiding a possibleomittedvariableproblem) trade off.
From theCambridge English Corpus
In order to mitigate potentialomittedvariablebias, we include the lagged dependent variable.
From theCambridge English Corpus
The lagged dependent variable should capture problems ofomittedvariablebias and specification error.
From theCambridge English Corpus
By the theoretical argument of the book, this must introduceomittedvariablebias.
From theCambridge English Corpus
Thus, a control is necessary to precludeomittedvariablebias.
From theCambridge English Corpus
To avoidomittedvariablebias and to evaluate the robustness of the results we add several control variables.
From theCambridge English Corpus
Moreover, omitting one of the variables would result inomittedvariablebias.
From theCambridge English Corpus
By omitting controls for them, we potentially introduce anomittedvariablebias into the results.
From theCambridge English Corpus
It uses first differencing, period-specific time dummies, and a lagged dependent variable to mitigateomittedvariablebias.
From theCambridge English Corpus
First differencing, inclusion of year-specific time dummies and a lagged dependent variable can mitigateomittedvariablebias, but it cannot fully avoid it.
From theCambridge English Corpus
Also, we do our best to mitigate potentialomittedvariablebias, but cannot exclude the possibility that some bias remains.
From theCambridge English Corpus
On a cautionary note, much research has underscored the importance of the topic in influencing the choice of language - anomittedvariableof the current study.
From theCambridge English Corpus
This method suffers fromomittedvariableproblems due to the omission of the determinants of inefficiency at the first stage estimation of the production function.
From theCambridge English Corpus
With panel data, the technique of first differencing the data can wipe out any time-invariant country effect, which eliminates already one important source of potentialomittedvariablebias.
From theCambridge English Corpus
If theomittedvariable, risk level, is going to bias downwards it would be necessary for the level of risk and the shadow value of biomass to be positively correlated.
From theCambridge English Corpus
It is possible that campaign finance regulations and prices might both be determined by anomittedvariable but whatever this might be, it is not the electoral system.
From theCambridge English Corpus
If so, the relationship between growth and school enrollment rates may be spurious, simply reflecting the effect of anomittedvariable-the size of the primary sector.
From theCambridge English Corpus
These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.
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