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Graphing Review
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Graphing Review
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0. Basic Principles of Economics / Graphing Review / Problem 7
Problem 7
A graph shows a correlation between ice cream sales and drowning incidents. What potential pitfalls might this graph have, and how can they be addressed?
A
No pitfalls; the graph is accurate.
B
Omitted variable bias; consider the effect of ice cream flavor.
C
Omitted variable bias; consider the effect of temperature.
D
Reverse causality; ice cream sales cause drowning.
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