Hey salohcin.
Check your other thread for a response.
Hi All,
Let's suppose I just want to run two regressions:
Y = b0 + b1x1
Y = b0 + b1x1 + b2x2
The idea here is that I want to see what happens to b1 when I include x2 into the regression. The problem is, I know that there is a third factor (which I can easily measure) which affects both x2 and Y. Therefore, including x2 without x3 will lead to a bias.
The catch is, I do not want to include x3. I just want to know what happens to b1 after including x2. Is anybody aware of any method in which I can accomplish this? For example, I imagine there might be a way to condition my values of x2 on values of x3 and include that in the second regression. Thanks so much!
Nick
Please do not double post. Please use the other thread.
-Dan