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Which of the following statements is not true: a a high R2 or R2 does not mean that the regressors are a true cause of the dependent variable. ( )...
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5. Which of the following statements is not true:(a) a highR2or¯R2does not mean that the regressors are a true cause of the dependent variable.

(b) a highR2or¯R2does not mean that there is no omitted variable bias.(c) a highR2or¯R2always means that an added variable is statistically significant.(d) a highR2or¯R2does not necessarily mean that you have the most appropriate set ofregressors.
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