Why model 2 in theory is better than model 1 even if the
Simple regression vs multiple regression:
model 1: y=b0+b1x1+u
model 2: y=b0+b1x1+b2x2+b3x3+b4x4+u
Why model 2 in theory is better than model 1 even if the main concern is estimation of the impact of factor X1?
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simple regression vs multiple regressionmodel 1nbspyb0b1x1umodel 2 yb0b1x1b2x2b3x3b4x4uwhy model 2 in theory is better
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