Explain the meaning of each of the following terms errors
Question: 1. Explain the meaning of each of the following terms.
(a) Errors in variable bias.
(b) Bounds for parameters.
(c) Reverse regression.
(d) Grouping methods.
(e) Proxy variables.
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question 1 explain the meaning of each of the following termsa errors in variable biasb bounds for parametersc reverse
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