List and Explain the Three Fundamental Challenges in Statistics

Q1: Suppose we are trying to understand the

Q2: Y_i=B₀+10X_1i+e_i, a 10 unit increase in X1

Q3: Assume that we are looking at the

Q4: Given Income_i= 10 + 1.5Age_i+

Q6: The dependent variable is the outcome of

Q7: What is the goal of a randomized

Q8: Imagine that you are looking at the

Q9: The error term<br>A) Contains all other factors

Q10: What is internal and external validity?

Q11: Imagine that you are looking at the