QUESTION 5
Which of the below statements is not correct?
(i) Using the incorrect functional form can lead to errors in the coefficient estimates and hence measurement errors in the independent variable.
(ii) Measurement error in the dependent variable is not as severe as measurement error in the independent variable.
(ili) Measurement error in the independent variable is not as severe as measurement error in the dependent variable.
a. (i) only
b. (i) and (iii)
c (iii) only
d. (i) and (ii)
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