We demonstrate that all meta-analyses of partial correlations are biased, and yet hundreds of meta-analyses of partial correlation coefficients (PCCs) are conducted each year widely across economics, business, education, psychology, and medical research. To address these biases, we offer a new weighted average, UWLS[subscript +3]. UWLS[subscript…

We consider the problem of bias arising from conditioning on a post-outcome collider. We illustrate this with reference to Elwert and Winship (2014) but we go beyond their study to investigate the extent to which inverse probability weighting might offer solutions. We use linear models to derive expressions for the bias arising in different kinds…

Dominance analysis (DA) is a very useful tool for ordering independent variables in a regression model based on their relative importance in explaining variance in the dependent variable. This approach, which was originally described by Budescu, has recently been extended to use with structural equation models examining relationships among latent…

A frequent criticism of exploratory factor analysis (EFA) is that it does not allow correlated residuals to be modelled, while they can be routinely specified in the confirmatory (CFA) model. In this article, we propose an EFA approach in which both the common factor solution and the residual matrix are unrestricted (i.e., the correlated residuals…

An alternative approach for introducing instrumental variables in econometrics courses is presented in this article. The method is based on the ordinary least squares omitted variable bias formula. The intuition for the approach capitalizes on students' understanding and intuition of omitted variables. Thus, if students understand omitted variable…

Previous research has identified an unfilled gap between, on the one hand, mathematical prerequisites needed for a formal treatment of least squares and, on the other hand, only teaching procedural aspects of curve fitting. As a response to this, the present study explores students' suggestions of how they think a computer or calculator does curve…

Generalized structured component analysis (GSCA) is a multivariate method for specifying and examining interrelationships between observed variables and components. Despite its data-analytic flexibility honed over the decade, GSCA always defines every component as a linear function of observed variables, which can be less optimal when observed…

Post-instrument covariates are often included as controls in instrumental variable (IV) analyses to address a violation of the exclusion restriction. However, we show that such analyses are subject to biases unless strong assumptions hold. Using linear constant-effects models, we present asymptotic bias formulas for three estimators (with and…

Structural equation modeling (SEM) is a widely used technique for studies involving latent constructs. While covariance-based SEM (CB-SEM) permits estimating the regression relationship among latent constructs, the parameters governing this relationship do not apply to that among the scored values of the constructs, which are needed for…

Observational data typically contain measurement errors. Covariance-based structural equation modelling (CB-SEM) is capable of modelling measurement errors and yields consistent parameter estimates. In contrast, methods of regression analysis using weighted composites as well as a partial least squares approach to SEM facilitate the prediction and…

Purpose: The direction of causality between job satisfaction and job performance (known as the holy grail of industrial psychologists) is undetermined and related research findings in different organizational contexts are mixed. Based on the ample literature, mainly from Western countries, on the relationship between job satisfaction and job…

Linear functional relationships are intended to be symmetric and therefore cannot generally be accurately estimated using ordinary least squares regression equations. Orthogonal regression (OR) models allow for errors in both "Y" and "X" and therefore can provide symmetric estimates of these relationships. The most…

Purpose: The purpose of this paper is to analyse the mediating role of organisational citizenship behaviour between transformational leadership and successful implementation of education 4.0 in higher educational institutes using the PLS-SEM approach. Design/methodology/approach: The study uses cross-sectional and quantitative approach to decode…

Emergent technologies present platforms for educational researchers to conduct randomized controlled trials (RCTs) and collect rich data on study students' performance, behavior, learning processes, and outcomes in authentic learning environments. As educational research increasingly uses methods and data collection from such platforms, it is…

The aim of the study is the development of methodology for accurate estimation of electric vehicle demand; which is paramount regarding various aspects of the firms decision-making such as optimal price, production level, and corresponding amounts of capital and labor; as well as supply chain, inventory control, capital financing, and operational…