What data are required for fixed effects regression to be a solution for omitted

Question

What data are required for fixed effects regression to be a solution for omitted variable biases?

Fixed data that does not vary over time

Long time series data (series with many observations)

Data measured at many different points in time

Data with multiple observations for every observational unit

Fixed data that does not vary over time

Long time series data (series with many observations)

Data measured at many different points in time

Data with multiple observations for every observational unit

Explanation / Answer

Long time series data (series with many observations) is one of the requirements of the fixed effects regression model. Thus, option B is correct

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