Omitted-variable bias

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.

Source: Wikipedia — Omitted-variable bias (CC BY-SA 4.0)

Omitted-variable bias

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.

Source: Wikipedia "Omitted-variable bias" · CC BY-SA 4.0

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